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MONEY MARKET ACCOUNT » MMA

Posted in Banking, Local Banks, Money Market, Rates

heartland-bank-money-market-account-rates

Heartland Bank in St. Louis, MOis offering some reasonable tiered rates on their Elite Money Market accounts. Here are their rates as of today.

  • 1.50% APY with deposits of $75,000 or higher
  • 1.50% APY with deposits 0f $50,000 - $74,999
  • 1.25% APY with deposits of $25,000 - $49,999
  • 0.75% APY with deposits of $1,000 - $24,000

Elite Money Market accounts require a minimum opening balance of $5,000.

In order to open an account, you must become a Heartland Preferred member. As a Heartland Preferred member, you receive the following:

  • Unlimited check-writing privileges
  • APreferred Bank Card
  • EZBank Services (free online banking, free online bank pay, account information line)
  • Highest rates of return

***For more money market account rates, please visit with Go Banking Rates daily.***


Posted in Banking, Credit Union, Money Market, Rates

south-florida-federal-credit-union

South Florida Federal Credit Union is offering a competitive 2.52% APY on its money market account. Here are some additional details of this account:

  • Minimum balance of $2,500 required to open the account
  • Minimum of $2,500 must be maintained to avoid $6 monthly fee.
  • Limited check writing is available.

In order to open amoney market account with South Florida Federal Credit Union, you must be a member. Membership is primarily based on Select Employee Groups in the South Florida area, including specific churches and schools. To learn if you are eligible to become a member, please visit the credit union's Who Can Join page.

>>Money Market Rate Deals


Posted in Banking, Local Banks, Money Market, Rates

ever-bank

Everbank located in Jacksonville, FL is offering a a special 3-month introductory bonus rate of 2.51% on their Yield Pledge Money Market Account . The details of the specialare as follows:

  • This rate is effective for new accounts and on the first $50,000 deposited and will be applied for the...


Read Full Article: Money Market Account Rate 2.51% at Everbank

Posted in Banking, Money Market, Rates

Dime Savings Bank money market account rates

Dime Savings Bank is offering several money market account rates worth considering. Here are their rates as of today:

Prime Rewards MMA Statement Rates

  • <$1,000.00 deposit for 0.50% APY rate
  • $1,000.00 to $24,999.99 deposit for 0.75% APY rate
  • $25,000.00 to $49,999.99 deposit for 1.01% APY rate
  • $50,000.00 to $74,999.99 deposit for...


Read Full Article: Dime Savings Bank Money Market Account Rates

Posted in Banking, Money Market, Rates

Intervest National Bank money market rates

Intervest National Bank is offering some fairly good money market account rates. Here are their rates as of today:

  • 1.65% APY rate with deposit of $2,500-$24,999.99
  • 1.70% APY rate with deposit of $25,000-$49,999.99
  • 1.75% APY rate with deposit of $50,000-$99,999.99
  • 1.80% APY rate with deposit of...


Read Full Article: Intervest National Bank Money Market Account Rates

Posted in Banking, Money Market, Rates

Giant Bank money market account rates

Giant Bank is offering a 1.66% APY money market account rate as of today. If you are interested in opening an account with them, here are some important details to consider:

  • Minimum balance required to obtain the specified APY rate is $1,000
  • Free standard checks are available
  • Interest is...


Read Full Article: Giant Bank 1.66% APY Money Market Account Rate

Posted in Banking, Money Market, Rates

Bank of America money market rates

Bank of America has an introductory money market account rate of 1.50% APY with deposit rates of $10,000 - $250,000. You will need to open a BofA personal checking account in order to qualify. Here are some other important details for you to consider:

  • The introductory MMA will convert to their...


Read Full Article: Bank of America Introductory Money Market Account Rate Offer

Posted in Banking, Money Market, Rates

Acacia Federal Savings Bank money market rates

Acacia Federal Savings Bank is offering some good money market accounts at tiered rates. Here are their rates as of today:

  • 1.75% APY with deposit of $125,000+
  • 1.50% APY with deposit of $75,000 - $124,999
  • 1.25% APY with deposit of $25,000 - $74,999
  • 1.00% APY with deposit of $10,000 - $24,999
  • ...


Read Full Article: Acacia Federal Savings Bank Tiered Money Market Account Rates

Posted in Banking, Money Market, Rates

Nationwide Bank money market rates

Nationwide Online Bank is offering a flat 1.80% money market account rate for deposits from $1,000 to $100,000+ . Here are some details to consider when opening an account with Nationwide:
APY is effective 8/17/2009 and subject to change

  • First order of checks is free
  • Free online banking is...


Read Full Article: Nationwide Bank 1.80% Money Market Accounts

Posted in Banking, Money Market, Online Banks, Rates

Virtual Bank online money market account rates

Online only. Virtual Bank is offering some tiered money market account rates online . Here are their rates as of today:

  • 0.80% APY with deposits of <$10,000.00
  • 1.26% APY with deposits of $10,000.00 - $24,999.99
  • 1.51% APY with deposits of $25,000.00 - $49,999.99
  • 1.71% APY with deposits of $50,000.00 -...


Read Full Article: Virtual Bank Online Tiered Money Market Accounts

Learn More About Money Markets Accounts

Money market accounts are similar to checking accounts, but they allow consumers the opportunity to make returns on deposited money. They are often compared to mutual funds; however, they are considered safer because they keep share prices at $1.

Money market accounts can be acquired through almost any local financial institution. As with checking accounts, opening money market accounts give you immediate and regular access to your funds through a checkbook. Also, they require no minimum transaction amount and allow for fast and easy cash deposits.

Once you invest in a money market account, a money manager will take your cash then invest it in t-bills, bonds, CDs, commercial papers or mutual funds. After interest is earned on your investment, the manager pays you your portion of the earnings. Unlike CDs that have interest rates that mature over time, money market accounts require additional deposits to benefit from higher interest returns.

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