Maspeth Federal Savings – Savings Account Rates & MMA Rates

Maspeth Federal Savings of Queens, New York is offering a savings account and a money market account. Both accounts have some of the highest interest rates available and the rates are well above the national average.

The bank's Passbook and Statement Savings account currently has a savings account rate of 1.18 percent with an annual percentage yield (APY) of 1.20 percent. The rate isn't the best savings account rate around but it is almost 4 times the national average of 0.34.  You have to maintain a minimum balance of $250.00 to earn the savings rate and savings yield.

The money market account rate is currently at 1.18 percent with an APY of 1.20 percent. You have to maintain a minimum balance of $2,500.00 to earn the money market account rate and yield.

Deposit accounts are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000. The interest rates can change at any time. For the most current savings account interest rates and money market account interest rates, go to
Author: Brian McKay
April 6th, 2010