1.50% APY money market promotions with United Bank in Massachusetts
United Bank recently advertised some money in the bank promotion for their certificate of deposit, banking package, and money market account. The money market account has an attractive interest rate of 1.50% APY which will be guaranteed through the end of September 2010. The minimum balance to enjoy this best money market rate is $20,000.
The special is not listed on the bank’s website but the money market account was published on the April 8 edition of the Greater Boston Area.
You may want to contact the bank if this local deal is available in your area. You can call them through 866-959-BANK to ask about their products and services. According to one of our readers, this money market account is only available in the Worcester region. They have several branches in this area and you can consult the Locations tab on their website to know the closest office from your place.
United Bank has some strong rating. Bankrate.coms issued 4 stars for its performance using their data last September. BauerFinancial gave the bank 5 stars for soundness and safety using their December 2009 data.
The bank is insured with the FDIC through certificate number 26486.
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