New Bank in Myrtle, South Carolina (Coastal Carolina National Bank) offers 2.75% APY for Money Market Deal
Coastal Carolina National Bank is a newly established bank in South Carolina which offers high money market interest rate now at 2.75% APY for balances above $1000.
To enjoy the money market rates without any monthly service charge, account holders must maintain a $10000 balance. This is also the require amount to open.
According to the customer service line, it will be best to enjoy the introductory best money market rate since they might be changed any time.
The premier money market account comes with some usual perks like free online banking, free electronic statements, and free phone banking. The interest is compounded on daily basis and credited every cycle.
Interested individuals can mail in their application form with their notarized signature. It seems that this can be safely considered a local deal for now since Coastal Carolina National Bank is a new bank still looking to establish a long term relationship with its customers.
As of now, the bank is not yet in the FDIC database.
