Bank of Tescott in Kansas offers money market rates at 2.25% APY
Bank of Tescott pushes for their money market account with the best interest rates at 2.25% APY. This attractive money market rates applies to deposits with balances of at least $4,000. Any fund below the $4K line gets 1.00% APY. This money in the bank deal requires $500 of initial funding. The account comes with limited check writing privileges.
Individuals who want to enjoy the best money market rates can email the customer service representative of the bank who can call you back to discus about their money market program. They can be reached through deposits@bankoftescott.com. You can also call them through 785-283-4217 if you want to inquire.
The interest for the money market account are computed and credited to the account on a monthly basis. The current rates that we have here may change any time. The website also does not disclose about the fees which may affect your money in the bank.
The Bank of Tescott has a long financial history dating back to its incorporation in 1887. The bank reported in 2005 that they are managing about $157 million in assets and deposits.
The bank has four branches in Kansas. They run two offices in Tescott, one in Lincoln, nd the other in Salina.
Bank of Tescott is insured with the FDIC.
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