MONEY MARKET ACCOUNT » MMA

AmTrust Bank< is offering a 2.00% APY money market account rate with a minimum deposit of $10,000. Here are some important details when opening a money market account with AmTrust:
- For other money market account rates, a minimum deposit of $1,000 is required
- AmTrust allows access through high-yield checking accounts and liquid accounts
- Minimum balance required to avoid fees is $1,000
- Balances reaching $150,000 or greater will receive a reduced interest rate
For more of the latest MMA news and rates information , please visit Go Banking Rates often as rates change daily.
Investment options are plentiful for those interested in making the money they earn work for them. With so many choices available, it may be confusing trying to distinguish one from the other. One alternative to consider as a way to diversify your investment portfolio is a money market mutual fund.
A money market mutual fund is a low-risk, low return investment composed of pooled financial resources and managed by an investment fund. The law mitigates the risk factor on a money market mutual fund thus making it the goal of the fund manager to earn interest on the investment while keeping a$1 per sharenet value asset (NAV). Lower-risk money market mutual funds typically pay dividend in direct correlation of the short term interest rates.
To follow the law and make sure a money market mutual fund is a low-risk investment, the investment is usually diversified between certificates of deposits, commercial paper of companies and government securities. Because the NAV is $1, only the yield fluctuates while the principal value remains intact. Although there are rare occurrences of investors losing money in the money market mutual fund investment, it is not common at all.
Historically money market mutual funds have not been backed by any type of government insurance to protect the investors. However, on September 19, 2008, due to shaky market conditions and nervous investors, the U.S. Department of Treasury have order a level of temporary protection. According the the U.S. Securities and Exchange Commission website "As part of the program, all money market funds that are regulated underRule 2a-7 of the Investment Company Act of 1940 and are publicly offered and registered with the Securities and Exchange Commission will be eligible to participate."
If you are an investor who is taking the wise approach to diversifying their financial portfolio a money market mutual fund is a relatively safe approach. However, it will be up to you to properly conduct research on a money market mutual fund or any other type of investment you elect.
Are you looking to open a money market account? If so, Go Banking Rates has the best MMA rates available to you absolutely free of charge. The process is easy and secure.
Diversifying your investment portfolio is an essential step everyone needs to take to minimize their risk of loss and increase their chance of maintaining both a healthy principal balance and earning a profit. Money market funds are considered a safe (although uninsured) way to diversify your...
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When making investments in money markets for 2009, it can sometimes be difficult to decide which is best to go with. Many investors follow the rate fluctuations to determine which will work best for them - the higher the rate offered, the better.
The good news with money markets is that they are...
Read Full Article: Best Money Market Account Rates in 2009
Currently for a limited time Comerica Bank is having a promotional offer on their checking account called the " Sensible Stimulus Package ." This promotional offer entails a bonus of up to $230 dollars . This is a pretty great deal since not too many banks these days are offering bonuses over $100...
Read Full Article: Need a Checking Account Bonus?
Phoenix - local only. Metro Phoenix Bank is offering competitive money market accounts with various tiered rates:
- 1.26% APY requires up to $24,999.99
- 1.76% APY requires $25,000 - $99,999.99
- 2.53% APY requires $100,000 - $999,999.99
- 3.04% APY requires $1,000,000+
Some important details about...
Read Full Article: Metro Phoenix Bank 2.53% APY Money Market Account Rate
Seacoast Commerce Bank is offering a 2.05% APY money market account rate for their Investor Money Market acounts. Here are some important details for you to consider:
- A minimum deposit of $10,000 is required to open an account
- Interest is compounded daily and credited to your account monthly
- ...
Read Full Article: Seacoast Commerce Bank 2.05% APY Money Market Rate
Nationally available. Quantum National Bank is offering several hi-rate money market accounts. The rates include:
- 2.02% APY for deposits of $100,000 or greater
- 1.02% APY for deposits of $50,000 - $99,999.99
- 0.72% APY for deposits of $10,000 - $ 49,999.99
- 0.22% APY for deposits of $0.01 -...
Read Full Article: Quantum National Bank (QNB) Hi - Rate Money Market Accounts
ADB Bank is offering a 2.05% APY money market account rate . You will still be able to access your money and write checks from your account. Here are some important details about opening a money market account with ADB Bank:
- No minimum balance requirement
- No monthly service charge
- Free online...
Read Full Article: ADB Bank 2.05% APY Money Market Account Rate
Nationally available. Union Federal Savings Bank (UFSB) is offering a money market account rate of 2.22%. The rate is available nationally, and requires just $1 to open. Here are some important details about the money market account offer:
- Has easy online access and transfers
- Zero monthly fees ...
Read Full Article: Union Federal Savings Bank (UFSB) 2.22% Money Market Account Rate







