Best Money Market Rates with Castle Rock Bank now at 2.53% APY
The Castle Rock Bank
offers their best money market rates through their Money Market Demand Account which gives 2.53% AP for deposits above $10,000 and 2.02% APY for funds below the $10K mark.
You can enjoy these money market rates if you open an account for $1,000. It will be best to stay above this set line to avoid a monthly fee of $3.
These money market rates are not posted on their website. We just received information from one of our readers about this money in the bank deal. We verified it through their customer service and we were told that they have not change the rate since January of this year. Again, these interest rates maybe changed any time so it is best to contact the bank first to verify the numbers.
Interested consumers can open an account by visiting the nearest branch. This is a local deal. Castle Rock has offices in Farmington and Castle Rock in Minnesota.
The bank has some strong ratings based on the review of Bankrate.com and BauerFinancial. Bankrate.com issued 4 stars for soundness and safety when they evaluated the bank using their March 2009 data. BauerFinancial stamped 5 stars to their performance report based on their June 2009 figures.
Castle Rock Bank is covered by the FDIC through certificate number 1913.
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