First County Bank Savings Account Rates and Money Market Account Rates

First County Bank of Stamford, Connecticut, is advertising two savings accounts and a money market account with tiered interest rates. The savings accounts include a Statement Savings Account and a Jumbo Savings Account. The Jumbo Savings Account also has tiered interest rates. The minimum opening deposit for the Statement Savings Account is $1.00. The Jumbo Savings Account has a minimum opening balance of $25,000. Jumbo Savings Account rates are higher for account balances of $100,000 or more.

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




First County Bank's current statement savings account rate is 0.25 percent with an annual percentage yield (APY) of 0.25 percent. Their rate is lower than the current national average savings account rate of 0.32 percent for savings account balances of at least $2,500.

The current jumbo savings account rate for account account balances of $25,000 to $99,999 is 0.70 percent with an APY of 0.70 percent. Savings account balances of $100,000 or more currently earn a rate of 0.90 percent with an APY of 0.90 percent. The national average savings account rate for account balances of $50,000 or more is currently at 0.491 percent.

The bank's Giant Steps Money Market Account rate for account balances of $1 to $2,499 is currently at 0.10 percent with an APY of 0.10 percent. Money market account balances of $2,500 to $24,000 earn an MMA rate of 0.35 percent with an APY of 0.35 percent. Account balances of $25,000 or more earn an interest rate of 0.75 percent with an APY of 0.75 percent.

For a list of First County Bank's current savings account rates and money market account rates go to firstcountybank.com.
 
Author: Lisa Graham
June 10th, 2010