RateAPY

First East Side Savings Bank Offers Money Market Account at 1.70% APY

Posted by: RateAPY Bank Rates News
January 1st, 2010

Saving more money in 2010 may be at the top of the list of New Year’s resolutions for many people this year. Finding the right place to save money can be confusing, but many consumers opt for a money market account that provides both a safe place to keep funds and easy access if you need to make a withdrawal.

Comparing money market interest rates online can be quick and easy, and results in maximizing the interest earned on your savings. Most banks now feature online banking, which gives everyone 24/7 access to their money.

First East Side Savings Bank offers money market accounts with tiered interest rates based on the daily account balance. Customers may open an account with $2,500 and maintain that balance to avoid a $10 monthly service fee. Transfers are limited to six per month.

First East Side Money Market Account Rates

Balance/APY

$2,500-9,999/.25% APY

$10,000-24,999/.50% APY

$25,000-99,999/1.00% APY

$100,000 and up/1.70% APY