1.15% APY Best money market rate with Hyde Park Savings Bank
Hyde Park Savings Bank continues to offer attractive money market rates. This money in the bank deal has the following current interest rates:
- $10 to $2,499.99 0.10% APY
- $2,500 to $9,999.99 0.60% APY
- $10,000 to $24,999.99 0.90% APY
- $25,000 and above 1.15% APY
This best money market account lets you earn higher interest rates when you have a higher balances allows you to write up to 6 checks per statement cycle as guided by federal law.
You are required to deposit a minimum of $2,500 to open this money market account. You also need to maintain an average daily balance of $5,000 to avoid monthly service charge fees on you account. Take note that the current money market rate is subject to change anytime without prior notice.
For you to enjoy this best money market rate, you will have to visit one of the bank’s branch to open an account. For more information about their money market account and current interest rates you may call their customer service hotline thru 800-361-6903.
The bank has 6 branches located in the cities of West Roxbury, Norwood, Hyde Park, Dedham, and Brookline in the state of Massachusetts.
Hyde Park Savings Bank has been providing its services to it customers since 1871. Currently, they grew to have over $884.5 million in declared assets. The bank is also insured by the Federal Deposit Insurance Corporation with certificate number 90160.
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