1.00% APY Best money market account with Greater Hudson Bank
Greater Hudson Bank provides attractive interest rate for their money market account called Greater Hudson Money Market account. This money market deal lets you earn an interest rate of 1.00% APY for balances up to $99,999 and earn an interest rate of 0.15% APY for the portion of the balance of $100,000 and above.
Individuals who wants to take advantage of this best money market rate will need to deposit a minimum of $1 to open an account. This money market account requires an average daily balance of only $1 to earn interest. Best of all, it has no monthly services charges.
Additional benefits that this money market offers are free monthly paper statement, free check images, unlimited deposits, free Visa Debit card, free online banking with bill pay, and free electronic bank statement. Finally, enjoy unlimited withdrawal on your account when you visit the branch or request it by mail.
Under federal regulations, you are allowed to make up to 6 pre-authorized withdrawals, electronic transfers, or telephone transfers per statement cycle. Once you exceed the limit, a fee may be charge per transaction you make on your account. Please also note that once account is opened the interest rate of this money market account may change without prior notice, so make sure to ask the bank for their latest numbers.
It seems that a branch visit is required to open an account. Make sure to bring valid photo identification like social security card, driver’s license, or other state issued ID as part of their requirement. You also need to write a check which will be used to fund on your new money market account.
You may contact the bank’s customer service line if you still have questions or concerns with regard to their money market account, current interest rate, or requirements thru 877-692-1170. Greater Hudson Bank has 4 branches located in the cities of Middletown, Warwick, Bardonia, and White Plains in the state of New York.
Greater Hudson Bank has been in business since 2002. They have already reached over $302 million in declared assets. All deposit accounts with Greater Hudson Bank is insured with the Federal Deposit Insurance Corporation of up to $250,000. the bank has an FDIC certificate number 57145.












