RateAPY

The Palladian Private Bank Offers Savings Account at 1.80% APY

Posted by: RateAPY Bank Rates News
December 25th, 2009

Individuals interested in maximizing their savings while guaranteeing their safety can compare interest rates and account terms online to find the best place to keep their money.

Savings accounts can be a valuable part of any household’s bank accounts because they are FDIC-insured and add compounded interest to the money invested. Whether you are saving to increase your emergency fund in case of unexpected future needs or saving for a car or college, a savings account can provide a sense of security along with additional interest.

The Palladian Private Bank, a division of The Private Bank and Trust Co., currently offers a savings account at 1.79% or 1.80% APY (Annual Percentage Yield). The account, which has a variable interest rate, requires a minimum deposit of $10,000. The balance must also remain at $10,000 or above to earn the APY.