FultDirect.com posts their highest money market rate on the main page of their website. This online money market account earns 1.25% APY. This money market account requires an initial funding of $10,000. The $10K line also marks the qualification for the disclosed APY.

Interested consumers can see the details of the money market account by clicking the Apply Now button. Notice though that the interest rates on the application for the e-money market account do not match what is posted on the updated main page.

The money market account starts to earn interest as soon as the bank receives the initial funding. Earnings are compounded and credited on a monthly basis.

FultDirect.com allows six withdrawals via check, pre-authorized transactions, order of instruction, and automatic transfer. Every transaction in excess of this limit incurs a $5 fee.

The bank collects a $10 service charge if your daily balance falls below $10K. The early account closing fee is a bit stiff at $100 when you decide to close the account within 3 months after account opening. Incoming domestic wire transfers are charge $12 per transaction.

Inquiries about their products and services can be coursed through their customer service line via 877-726-5463. Fulton Bank has its main headquarters in Lancaster, PA.

FultDirect.com is the online division of Fulton Bank, N.A. The mother company has been in business since 1882. Fulton Bank operates about 107 offices located mostly in Pennsylvania and Virginia. The bank has a declared asset amounting to at least $7 billion.

Fulton Bank is covered by the FDIC. Bankrate.com stamps 3 stars on their performance evaluation of FultDirect.com.