Intervest Online with Money Market Rates at 3% APY
Intervest National Bank Online invites consumers to enjoy the benefits of their best money market account that has a yield of 3.00% APY. The minimum deposit requirement is $2500 for the regular MMA and $1000 for the IRA. This is also available as in IRA money market account.
The promo page states that rates may change after the account is opened. It will be best to contact the bank to inquire about their going on rates. It is also printed that there are fees involve but does not disclose the details of the charges.
Application forms can be printed from the website and completed by faxing the documents to the bank or sending it via mail. The bank will need copies of the account holder’s identification.
Funding can be done through wire transfer. A fee of $10 is collected for the incoming wire. Instructions are clearly stated on they application page.
The account holder will receive the documentation after the bank has received and process all necessary requirements.
Intervest Online is under the umbrella of Intervest National Bank which is a full service commercial bank with headquarters in the heart of New York. The bank also has a division and several branches in Florida.
The bank is a member of the FDIC with certificate # 35011.
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