1.23% APY Best Money Market Account with Fairfax State Savings Bank

Fairfax State Savings Bank is still offering their high interest rate money market account. The bank lets you earn an interest rate of 1.23% APY on your money market account. For you to avail of this best interest rate you need to deposit a minimum balance of $5,000. You also need to maintain an average daily balance of $5,000. the earnings of this money market account is compounded every month and it is also being paid on a monthly basis. In addition to this, you are also allowed to make a maximum of 6 withdrawals with a minimum amount of $1,000 per statement cycle.

It seems that you need to visit Fairfax State Savings Bank to open a money market account. Take note the rate changes anytime without notice so make sure to contact or visit you bank to inquire about latest money market rate. You may call customer service hotline to inquire about their money market account thru 1877-324-7329.

Fairfax State Savings Bank is headquartered in 409 Verderbilt Street, Fairfax, in the state of Iowa with zip code 52228.

Fairfax State Savings Bank opened it’s door in 1924 and today they have over 137.6 million in declared assets with growing numbers of depositors. The bank is federally insured by the Federal Deposit Insurance Corporation with certificate number of 8083.

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Posted on 20th May 2011 by Randell in Money Market Rates

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