GiantBank Money Market Account Rate

Giantbank.com, the Internet Banking Division of Landmark Bank, is advertising a money market account that has one of the highest money market account rates available. The MMA rates are tiered based on the account balance.  The minimum opening balance is $1,000.

Account balances of $1,000 or more earn a money market account rate of 1.20 percent with an annual percentage yield of 1.21 percent.




Giantbank's money market rate is almost four times the national average savings account rates/money market account rate for balances of $2,500. The current national average rate is only 0.328 percent. The bank's money market rate is also more than double the national average of 0.505 percent for account balances of $50,000 or more. The money market account also has the following benefits:

Giant Bank Money Market Account benefits:



  • FREE standard checks at account opening.

  • Statements mailed monthly with interim activity available online.

  • Image Statements available online for up to 12 months.

  • Compound daily interest.

  • No monthly service charge.

  • Direct Deposit

  • Telephone Banking


For more information about Giantbank's money market account and current money market account rates visit giantbank.com.
 
Author: Brian McKay
May 7th, 2010