If you’re not quite ready to put $100,000 in the bank, but you would like a high yield money market account, Chemcel Federal Credit Union’s money market rates might suit your needs more. Chemcel FCU’s MMA can earn as much as 1.20% APY for balances of $75,000 or more. The lower tiers are also attractive at 1.10% for $25,000 to $74,999 and 1.00% for $2,000 to $24,999.

Unlike CD accounts which earn annual percentage yields close to this money market rate, you won’t be tied to do the bank for a long time. As soon as you’ve earned enough from your funds, you may choose to pull it out anytime. Of course, with a money market rate like this one, there’s really no reason why you shouldn’t want to watch it grow.

These interest rates can change anytime, though. As a matter of fact, while it remains competitive, this yield already dropped by 0.05% since last month. You would want to keep tabs on this MMA before you open an account. The website has a page which lists the qualifications for this account. You may also visit a nearby branch to make inquiries, or call the credit union’s hotline.

Interested parties can call (361)5846246. The main office of this credit union is located in Bishop, Texas. Credit union has branches include those in Kingsville and Corpus Christi.

Their ratings are a bit weak for safety and soundness, though. The credit union only scored two stars from both Bankrate.com and BauerFinancial.com. The weak ratings are pretty strange, considering how they’ve been around since 1951.

Despite these, though, the credit union holds 72.17 million worth of assets and has 7.27 million worth of capital. Because it is a small institution, it currently has only 22 employees.  Chemcel FCU is federally insured by NCUA under Charter # 7129.

While the interest rate dropped from the more impressive 2.50% APY a few months ago, Riverland Credit Union’s MMA is still competitive, earning up to 2.00% APY for balances of at least $100. This IRA account is beneficial because it allows you to liquidate your funds efficiently. You can enjoy your retirement plans with the yields this account will be earning.

To open this money in the bank deal, you can either go to the credit union’s website and click on their IRA Center link, call up a phone banker, or visit a branch within your area. As with other credit unions, certain qualifications will have to be fulfilled before you’re eligible for this account.

Just visit the bank’s membership page to find out who can open the money market account. The credit union supports quite a number of employee groups. If you work for any of these companies, you can reap the benefits of the account.  According to their website, this money market also doesn’t have any monthly service charges. It has no annual fees, either, so you can be sure that you can make the most out of your savings.

Through the IRA Center, you will also be introduced to the perks of setting up a money market IRA. This is definitely one of the best money market rates today, given the perks that this account comes with. Watch out for withdrawal limitations because you wouldn’t want to pay unnecessary fees for those.

MMA fees tend to change a lot, so check with the credit union’s website before opening this account. Right now, it’s probably the best money market rate, but there may be more attractive fees in the next few days. Branches of Riverland Credit Union are located across New Orleans, Beaumont, Gretna, Jackson, Jefferson, Morgan City, Port Gibson, Taft, and Woodslands.

The ratings for this credit union in terms of safety and soundness are satisfactory. Both Bankrate.com and BauerFinancial.com gave it three stars each. It is federally insured under NCUA under Charter #64534.

Do you live in Georgia? Then you can take advantage of a money in the bank deal by opening Georgia Primary Bank’s money market account. This MMA yields up to 1.95% APY, which is definitely one of the top money market rates today. Aside from its high yield, this money market account a low minimum maintaining balance compared to other accounts earning the same interest rate.

To take advantage of the 1.95% APY, you just need to make sure that you keep at least $100,000 in the bank. This is also a tiered account, so you’ll still be earning interest even if you’re maintaining less than $100,000. The lower rates aren’t as competitive, though. This MMA also has all the benefits of a regular savings account, including a maximum of six ATM transactions in a month. For every excess ATM transaction, you’ll be charged $3.

To open the account, you just need to deposit $10. As long as you maintain your daily balance at $2,500, you won’t be charged any service fees. You will also be issued a VISA Checkcard when you open this MMA. With these benefits thrown into the bag, this is definitely more than just the best money market rate today.   

Just make sure that you check the bank’s website before opening the account, though. These rates can be fickle, and you might sign up for a lower interest rate if you’re not careful. Georgia Primary Bank is a fairly new bank, having only been established in 2007. Despite the newness of the bank, it maintains a pretty impressive rating for sound and safety.

The bank’s health earned itself four stars from Bankrate.com and an impressive five stars from BauerFinancial.com. The bank is a member of the FDIC, and is federally insured under FDIC Certificate # 58523.

Ally Bank continues to get on its feet after getting entangled with the financial woes of GMAC last year. The bank is pushing for some good money in the bank deals.

Among the most competitive rates it has now is the 1.29% APY for the money market account. It remains one of the most competitive money market rates in the area today. Aside from being one of the best money market rate today, it also has other attractive features. The account has no minimum balance requirement and no monthly service fees.

The first fifty checks ordered through this account will also be free of charge. However, the MMA follows federal regulations, including a cap of six withdrawals per month. MMA holders will also be given their own check cards.

Deposits to the account will have to be done electronically, through the bank’s online database. The good news is that this feature allows you to connect an unlimited number of other bank accounts outside Ally Bank with this money market account. Because this is primarily an online bank, Ally also offers its clients 24/7 service. This is a convenience most account holders can no longer do without, these days.

Should you decide to access your MMA through any ATM nationwide, you won’t be charged extra service fees, either. The Ally Bank is insured by the FDIC. A single account is eligible to $250,000 coverage. This can be raised, depending on the account type, and the number of accounts you hold with the bank.

M&I Bank is still pushing for their best money market rate offered through their Premier Money Market Account. This tiered money market asks for a $25,000 balance so you can get the best interest rate and to avoid the monthly service charges.

Take note though that this money market rates do not have a guarantee. We are not sure if this is just a teaser interest rate which can change any time.

The promo for this money in the bank deal is posted on the websites of local M&I Bank:

• Kansas
• Wisconsin
• Minnesota
• Indiana
• Arizona
• Florida – this one offers a 1.75% money market interest rate

Most of the branches of M&I are located in Wisconsin where they are headquartered. It is a big regional bank wth around $50.2 billion in declared assets.

As of December 2009, the bank does not have the best of approvals for its safety and soundness. Bankrate.com gave it 2 stars while BauerFinancial stamped their performance report with 3 stars.

M&I is a member of the FDIC with certificate number 1020.

Good news for NEA members, you can still avail of the special Money Market Account offered at the Bank of America. Because this is sponsored by the NEA the rates of the account are indexed with a 1-month average LIBOR. For a limited time, those who will be opening a new account also get to enjoy a 1% raise from the standard rates of the account.

In case you don’t know yet, the money market account is tiered, with a top money market APY of 1.25% for holders who deposit a total of $50,000. Smaller depositors will also get to enjoy competitive money market rates with 1.15% APY for account balances of $500 to $50,000. For the special 60-day promo, holders can take advantage of an impressive 2.24% APY for balances of $50,000 and above, and 2.14% APY for balances between $500 and $50,000.

Competitor EverBank also offers a similar account which runs for 90 days, but only the first $100,000 deposit in the checking account qualifies for the same yield.

For a backgrounder, the NEA or the National Education Association comprises of teachers, students, and teachers who have already retired. Before you apply for the account, you still have to remember some important details first. Among them, the minimum opening deposit for the account which is only $500. Holders’ check writing capacities are also limited.

To qualify for the rates, you should open your accounts online or over the phone. The rates are different for accounts which were opened at the BoA banking centers.

Dupaco Community Credit Union is still pushing for their high yield money market account called Investors Choice Money Market Account. This money in the bank deal is offered in 3 tiers:

• 1.92% APY $100,000 and up

• 1.51% APY $25,000 through $99K

• 1.16% APY $10,000 through $25K

The best money market rates can be enjoyed by members in Iowa, Illinois, and Wisconsin. The money market rates that we have here can be changed any time so it will be best to check with the credit union for the latest interest rates.

Membership to the Dupaco Community Credit Union is open for individuals who work or lives in the 28 counties of WI, IL, and IA. You can checkout their membership page to know more about the details on how you can sign up. The credit union requires a balance of at least $25 in a savings account.

The credit union operates branches in Iowa specifically in the cities of Manchester, Rapids, Cedar, Dyersville, Asbury, and Dubuque; Galena in Illinois; and Platteville in Wisconsin.

Dupaco has mixed financial ratings. While BauerFinancial issued 5 stars for soundness and safety, Bankrate.com issued 3 stars for its performance. These reviews were based on their December 2009 collected data.

The credit union is covered by the NCUA through charter number 64049. If you want to know more about their products and services, or if you have questions with regard to joining the credit union, you can call them through 800-373-7600.

High Desert Bank offers a money in the bank deal for their two-tier money market account which has the following money market rates:

$100 to $99,999 0.90% APY
$100,000 and up 1.15% APY

Account holders can do six withdrawals from their money market account every month, anything beyond that will incur a charge. You may also have to pay a service charge if you balance falls too low.

It seems that you need to go to the bank to open an account. Take note that the interest rates that we have here are effective as of posting, please check the bank’s website for the latest numbers.

The bank only operates one office along Disk Drive in Bend, Oregon. You may want to call them for more information through 541-848-4444.

High Desert Bank is a member of the FDIC.

West Virginia Federal Credit Union offers attractive money market rates depending on the minimum balance an account holder can maintain. The Best money market rates are structured into the following tiers:

Money Market Tier 1 $1,000 - $4,999.99 1.16% APY
Money Market Tier 2 $5,000 - $9,999.99 1.36% APY
Money Market Tier 3 $10,000- $49,999.99 1.55% APY
Money Market Tier 4 $50,000 and over 1.81% APY

Withdrawals from this money market account are limited to 3 every month. You will be charged $2 for every additional withdrawal that you make.

Individuals who want to join the credit union so they can take advantage of the current money market interest rates can accomplish the membership application form online.

You are eligible to join if you live, worship, work, or study in the counties of Wayne, Putnam, Lincoln, Kanawha, Cabell, and Boone, West Virginia. They have branches in Huntington, St. Albans, and South Charleston. You may want to contact the credit union to check if you are within their coverage area.

West Virginia FCU is covered by the NCUA.

Investors Savings Bank headquartered in New Jersey offers a special money market deal for consumers who want to open new accounts with two of their NJ branches. This money in the bank deal is not listed on their website but was recently published in the Bergen Record Newspaper.

We called the bank for details. The CSR informed as that these money market specials can be availed through their Clifton branches. You can call their branch along Main Ave or Botany Village Square East through 973-253-8021 or 973-478-6352.

The best money market rate of 2.00% APY can be enjoyed if you open an account with a minimum deposit of $500. This requires a checking deposit that needs at least $300 to be injected into it. If you do not want to open the checking account, you can get a money market rate of 1.75% which is still very competitive.

They also have another account for this grand opening which requires a direct deposit and checking account. You cannot do both promos according to the bank’s representative. This second special promo was similar to the ones they ran last September 2009.

Investors Bank has branches spread across New Jersey. They have offices in Washington, Union, Springfield, Somerset, Jackson, Denville, Long Branch, Piscataway, and Irvington.

The bank has some mixed ratings for soundness and safety. Banrkate.com issued only 2 stars for a below peer performance while BauerFinancial issued 4 stars which tag them as doing excellent. These are based on their September and December 2009 collected data.