Grand Bank, N.A. is providing a competitive interest rate for their money market account called Personal Money Market. This money market deal earns the following interest rates depending on it’s tier:

• $2,500 to $9,999.99                  0.50% APY
• $10,000 to $24,999.99              0.50% APY
• $25,000 to $49,999.99              1.16% APY
• $50,000 and up                         1.25% APY

You can earn this best money market rate when you deposit at least $2,500 to open an account. You are required to maintain this balance in order to earn this best interest rate and also to avoid their monthly service fee of $10. The earnings of this money in the bank deal is compounded daily and paid on a monthly basis.

This best money market account allows you to transfer funds to third parties by telephone, pre-authorization, or automatic transfer and it limited up to 6 transactions per statement cycle. In case you exceed the limit for transfers, you will then have to pay $10 service fee per transaction. For additional information about their money market account and current rates you may call customer service thru 609-514-3900 or 800-234-3459.

Consumers who want to open this best money market account would have to visit one of the bank’s branch. They are located in the cities of Hamilton Square and Hamilton in the state of New Jersey.

Grand Bank, N.A. was opened on March 1, 2002. They have been providing a wide range of deposit products and they spacialize in residential and commercial lending. The bank is also a member of the FDIC which has a certificate number 57274.