Dupont State Bank has a local money in the bank deal for consumers in Indiana with the highest interest being offered for their money market account. The current money market rates are the following:

$2,500 to $9,999         0.50% APY

$10,000 to $24,999      1.00% APY

$25,000 to $99,999      1.26% APY

$100,000 and over      1.51% APY

If you want to take advantage of these interest rates, you need to open the money market account with a minimum deposit of $2,500. This is also the amount you need to earn the published money market rates.

Like other money market accounts, you are only allowed six transfers or withdrawals every cycle. Three of this can be to a third party. In person withdrawals or transfers are unlimited. Be ready to pay a service charge of $12 if your balance falls below $2,500. If you go over the withdrawal or transfer limits, there will be a $3 fee per item.

The interest rates we have here are still posted on the bank’s website as of today. You may want to check out for the latest numbers before you complete an application. You can call the bank through 1812-273-2285. By the way, you can fill up an online application if you want to open this money market account.

This money market account is only being offered to the market area being served by Dupont State Bank. Specifically they do business in Jefferson, Jackson, Jennings, Scott, Decatur, Ripley, and Barthlolmew in Indiana.

Dupont State Bank has branches in North Vernon, Seymour, and Dupont in Indiana. The bank is a member of the FDIC.