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With a $2,500 opening deposit, your account will earn higher, variable money market rates. There is no minimum balance required to earn interest, but you must maintain an average daily balance of $1,000 for the month to avoid a service charge. Interest is compounded daily, distributed monthly.
National City Bank offers two full-featured accounts: The Money Market Savings Account for earning competitive rates; and the Premium Money Savings Account for the investor who wants more for his larger deposit. Installment loan rates can be reduced when the payments are made directly from your money market savings.
With a Long Island Savings Bank money market account, the rate of interest paid increases with your balance. Also, the money market account is liquid, so each month you can write up to three checks, make up to a total of six electronic transactions, and make unlimited teller or ATM withdrawals, all without charge.
Carries sales results on recent note and bond sales, including rates paid by winning underwriter. Historical data on bond sales and upcoming sales. Is very useful to underwriters who want to research last bond sale on a specific issue and who the bidders were and their rates. (Password required throughout the site.)
Looking to round out your portfolio with CDs and money market funds? Discover the Schwab advantage: choice, convenience, and great rates to meet your short- and long-term cash needs.
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