Heritage Banks with 3.75% APY for $50K Money Market Account
The Heritage Bank offers a very competitive money market account deal that yields 3.75% APY for accounts with a balance of at least $50000 and a ceiling of $249,999.99. The MMA only requires a minimum of $2500 to open.
Balances between $25K and $49,999.99 still enjoys a competitive APY of 3.5%. Deposits of $250K and above will also yield 3.5% APY.
A monthly fee of $20 may be imposed if the balance drops below $2500. The account has unlimited in person withdrawals and comes with free ATM or debit card, online banking, online bills payment, phone banking, and e-statements.
Interested individuals may apply for the money market account through the bank’s website. They can also visit the branches in Phoenix and Tempe in Arizona.
Heritage Bank was established in 2006 and has an asset of $163 million. Bankrate.com issued a 3-star rating based on their June 2008 data.
The bank is FDIC insured with certificate # 58416.
