RateAPY

Customers Bank pays 1.20 percent APY on money market account

Posted by: RateAPY Bank Rates News
August 3rd, 2011

A money market account is often the favored bank account for establishing an emergency savings fund, since the funds earn interest, are FDIC-insured and are accessible through up to six withdrawals per month.

Customers Bank, a community bank based in New Jersey, offers the Customers Bank money market account online and in person to customers who live in New Jersey, Pennsylvania, Connecticut and New York. Until Dec. 31, 2011, customers will earn 1.20 percent APY on the savings in their money market account. Minimum deposit is $10,000. The quoted APY pays for balances of $10,000 to $500,000.

Compare money market account rates and terms to find one with a high interest rate and a minimum balance that meets your needs.