1.01% APY best money market rates with Hometown Commmunity Banks
Hometown Community Banks which operates as a division of Morton Community Bank offers attractive interest rates for their Prime Money Market account. The current interest rates are the following:
$25,000 and over 1.01% APY
$15,000 to %24,999 0.71% APY
$14,999 and under 0.00% APY
These best money market rates can be enjoyed if you open an acount with a minimum of $15,000. You will also be required to open another account with Morton. The account holder will have to pay $25 if the average falls below the $15K line.
Like other account with checking privileges, transfers and takeouts for this money market account is limited to six per month. There might also be other fees and conditions which may affect the earnings of your savings.
It appears that you need to drop by one of their branches to open this money market account. The bank has offices Illinois particularly in Morton, Peoria, East Peoria, Washington, Pekin, Roanoke, Minonk, Manito, Minier, Princeville, Toluca, Elmwood, Farmington, Macomb, Roseville, Tremont, Standord, Cropsey, and Fairbury. Morton Community Bank is represented in these locations as Hometown Community Banks.
Morton Bank is listed with the FDIC.
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