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Ridgestone Bank’s Momentum Savings Account Offers up to 2.5% APY

Posted by: RateAPY Bank Rates News
December 30th, 2009

Savings Accounts Are Not All the Same

The New York Times published Christmas Day a piece warning that some banks pay such “tiny” interest rates on their savings accounts that many depositors actually risk losing money on their investments. And it reported that one world-famous bank pays just 0.05% on its standard savings account.

But you can relax. Because RateAPY specializes in helping you find some of the most competitive savings account interest rates in the country.

Ridgestone Bank’s Momentum Savings Account Can Pay 2.5% APY

Take Ridgestone Bank’s Momentum savings account as an example. At the time of writing, its rates are:

• 2.50% APY For Balances of $2,500 to $49,999.99
• 1.00% APY For Balances of $50,000 and over
• .25% APY For Balances of $1.00 to 2,499.99

And its web site offers a comprehensive range of easy-to-use online banking services. So you can manage your money well.

Find the Best Savings Account Deals

It isn’t hard to avoid falling into the trap described by the New York Times. You can ensure that your money is working hard for you. Just compare savings account interest rates here.