Bank of Smithtown of Long Island, New York, is advertising two savings accounts and a money market account. The savings accounts include their eXpress Savings Account and their Premium Savings Account. The money market account is their High Yield Money Market Account. All three accounts have tiered interest rates. Bank of Smithtown’s money market account rates are currently higher than their savings account rates.

Searching for the highest money market account rates and savings account rates? Use our rate tables at SavingsAccount.MonitorBankRates.com to find the best rates in your area.

The bank’s best savings account rate is on their Premium Savings Account (balances of $2,500 or more) and on their eXpress Savings Account for (balances of $5,000 or more). The current savings account rate on both accounts is 0.75 percent with an annual percentage yield (APY) of 0.75 percent.

The bank’s best money market account rate is on their High Yield Money Market Account for balances of $100,000 or more. The current money market account rate is 1.04 percent with an APY of 1.05 percent.

Bank of Smithtown Savings Account Rates & Yields

eXpress Savings Account Rates & Yields

• Savings Rate 0.75% APY 0.75% Balances of $0 to $4,999
• Savings Rate 0.75% APY 0.75% Balances of $5,000 or more

Premium Savings Account Rates

• Savings Rate 0.35% APY 0.35% Balances of $500 to $2,499
• Savings Rate 0.75% APY 0.75% Balances of $2,500 or more

Bank of Smithtown High Yield Money Market Account Rates & Yields

High Yield Money Market Account Rates

• MMA Rates 0.90% APY 0.90% Balances of $10,000-24,999
• MMA Rates 0.95% APY 0.95% Balances of $25,000-49,999
• MMA Rates 1.00% APY 1.00% Balances of $75,000-99,999
• MMA Rates 1.00% APY 1.00% Balances of $50,000-74,999
• MMA Rates 1.04%APY  1.05% Balances of $100,000+

Current savings account rates and money market account rates from Bank of Smithtown can be found at bankofsmithtownonline.com. Find Savings account rates and money market account rates at MonitorBankRates.com.