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Geddes Federal Offers Residents of Central New York State Up to 2% APY on a Money Market Account

Posted by: RateAPY Bank Rates News
November 9th, 2009

Geddes Federal Savings and Loan Association was established in 1949 with the goal of providing quality savings and loan products to the people of central New York state. Sixty years later, it continues to do precisely that.

It’s a small organization with a single office in the village of Solvay, just outside of Syracuse, NY. Because it’s small, it can offer its customers the sort of personal, high-quality service that keep customers loyal.

Money Market Rates That Are Highly Competitive

But this sort of great customer service doesn’t have to come at a price. The money market account (MMA) that Geddes Federal offers–only to those who live within a 90-mile radius of its office–provides both highly competitive rates and FDIC insurance. Even if you don’t live in the service area of Geddes Federal, you can use these yields for comparison. Talk to your local bank about matching these rates.

Sample rates from Geddes Federal include:

• Money market account balance between $1,000 and $49,999: 1% APY
• Money market account balance between $50,000 and $100,000: 2% APY

Because rates can change frequently, be sure to check Geddes Federal’s money market deposit account rates.

Stay Smart When Saving

Always keep up-to-date with money market account rates and compare banks at RateAPY’s money market rate page.