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MONEY MARKET ACCOUNT » MMA

Posted in Banking, Money Market, National Banks, Rates

Nationwide Bank is offering a competitive 1.50% APY with the high-yield Money Market Account. Currently, this rate is on all balances. Here are a few features of the account you could take advantage of:


  • Free first order of checks
  • Free online bank account services
  • Free ATM card
  • The account is FDIC insured

The account requires a $1,000 minimum opening balance. This amount must also be maintained in order to avoid an $8 monthly service fee. Some other details of the account include:

  • 6 withdrawals permitted per month
  • Transfer limit $500,000
  • Incoming wire transfers free
  • Outgoing transfers cost $15

To open a money market account, you can apply online. Accounts are available nationwide.

>> Money Market Specials

Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.



Posted in Banking, Local Banks, Money Market, Rates

Heritage Bank of Florida is offering a competitive 2.00% APY with is Heritage Legacy Money Market Account. Here is a full list of the rate tiers:

  • 2.00% APY - $100,000 and over
  • 1.50% APY - $40,000 to $99,999.99
  • 1.25% APY - $15,000 to $39,999.99
  • 1.00% APY - $1,000 to $14,999.99

The minimum opening deposit is $1,000 and . To avoid $10 monthly maintenance fee, keep $2,500 in your account daily. There are unlimited in-person and by-mail transactions. Six third-party checks are allowed per statement cycle.

Rates are subject to change at any time.

>> Money Markets

Current Heritage Bank of Florida CD Rates


Other Heritage Bank of Florida Rates

About Heritage Bank of Florida >>


Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.



Posted in Banking, Credit Union, Money Market, Rates

Living in New York offers a lot of benefits, including competitive money market tiers from Teachers Federal Credit Union . However, since our previous report on Teachers Federal Credit Union , the account's rate tiers have dropped:


  • 2.01% APY - balances of $500,000 or more
  • 1.90% APY -...


Read Full Article: Teachers Federal Credit Union in New York Lowers Money Market Tiers

Posted in Banking, Credit Union, Money Market, Rates

Citizens Equity First Credit Union (CEFCU) is offering a competitive 1.30% APY on its Insured Money Market Account (IMMA) . According to the credit union, this account offers the following rates:


  • 1.30% APY - $100,000
  • 1.15% APY - $50,000
  • 1.00% APY - $25,000
  • 0.90% APY - $2,500

Some perks of...



Read Full Article: 1.30% APY Money Market Rate from Citizens Equity First Credit Union

Posted in Banking, Credit Union, Money Market, Rates

The Super Share Account (money market) from RIA Federal Credit Union is offering an impressive list of rate tiers, starting at 2.78% APY. Here is the full list of tiers:


  • 2.78% APY - $100,000 or more
  • 2.27% APY - $25,000 - $99,999.99
  • 1.76% APY - $10,000 - $24,999.99
  • 1.26% APY - $2,000 -...


Read Full Article: RIA Federal Credit Union Offers 2.78% APY Money Market Account

Posted in Banking, Local Banks, Money Market, Rates

If you're looking for a high-yield money market account, you could take advantage of a 2.35% APY with the UltimaX Tiered Money Market Account with Farmers and Merchants Bank . The account offers a variety of impressive high-yield tiers:


  • 2.52% APY- $150,000 or more
  • 2.42% APY - $100,000 to...


Read Full Article: Farmers and Merchants Bank in Wisconsin Offers 2.35% Money Market Rate

Posted in Banking, Local Banks, Money Market, Rates

Advantis Credit Union is offering competitive money market rates on itsPremier Money Market Account , including an impressive 1.70% APY on its top tier. Hereis a full list of the account's rates:


  • 1.70% APY - $250,000 or more
  • 1.40% APY - $100,000 to $249,999
  • 1.10% APY - $50,000 to $99,999
  • ...


Read Full Article: Competitive Money Market Tiers at Advantis Credit Union

Posted in Banking, Local Banks, Money Market, Rates

If you're looking for a great money market deal and live in the Washington State area, you could take advantage of the 1.01% increase over current rates from First Independent Bank . The following rates will be available until Dec. 31, 2009:


  • 1.92% APY - $100,000 to $499,999
  • 1.72% APY -...


Read Full Article: First Independent Bank in Washington Offers Impressive Fall Money Market Special

Posted in Banking, Local Banks, Money Market, Rates

Redneck Bank is offering a competitive 2.00% APY with its Mega Money Market Account . Here are a few details to consider:


  • 2.00% APY for deposits through $35,000
  • 1.00% APY on balances over $35,000
  • 6 free withdrawals permitted each month ($5 fee for each additional withdrawal)
  • No monthly...


Read Full Article: 2.00% APY Money Market Rate Offered at Redneck Bank in Oklahoma

Posted in Banking, Local Banks, Money Market, Rates

Beacon Bank in Minnesota is offering a great 1.90% APY on its Money Market Reward Account . Some features of the account include:


  • 1.90% APY on balances of $50,000 or more
  • 0.50% APY on balances $25,000 - $49,999.99
  • 0.25% APY on balances $15,000 - $24,999.99
  • 0.15% APY on balances under...


Read Full Article: 1.90% APY Reward Money Market Account at Beacon Bank

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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