1.26% APY money market rates with Regal Bank in New Jersey
Regal Bank offers competitive interest rates for their money market account. The current interest rates starting at $5000 is 1.26% APY. You can open this money in the bank deal for $5,000.
Money market accounts give you the liquidity that you want while you are saving for your future. You will still have access to your funds through internet, over the ATM, or via checks. Take note though that money market accounts have certain limitations when it comes to transfers and withdrawals as required by federal law.
The website of the bank does not say much about the details of their money market account. You may want to ask them about possible service charges, penalties when you go over the withdrawal limit, and other fees which will decrease the earnings of your savings. Regal Bank can be reached through 973-716-0600.
We are assuming this is a local money market offering for New Jersey consumers. You also need to drop by their office to open this money market account. They have several branches in Livingston, New Jersey.
Regal Bank is a community bank that offers a complete line of banking services. They primarily serve the counties of Hudson and Essex Counties in New Jersey.
Deposits with Regal Bank are covered by the FDIC.
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