Ultimate Money Market Account of Corus Bank Yields 3.75% APY
Corus Bank, N.A. consumers may take advantage of the money market superior yields offered at 3.75% APY. The account requires a minimum of $100 deposit to open.
A service charge of $25 applies if the minimum daily balance of $10000 or average of $20000 is not met. Check writing and pre-authorized withdrawal limitations are also imposed as required by federal regulations. In-person withdrawal access is unlimited.
The interest of the account is compounded on a monthly basis and credited on an end of statement cycle. The checks for the account are free. The cap for all personal and business deposits is $1 million.
Interested individuals may visit the bank website to apply or you may also call the bank hotline to confirm their existing rates and APYs.
Corus Bank has 11 branches located in Burnham and Torrence in Calumet City; in Downtown, Lakeview, Lincoln Park, Lincoln Square, North Center, and Wrigleyville in Chicago; in Niles, River Forest, and Wheeling in Illinois. You can consult the bank’s website for specific operating hours.
Corus Bank is a subsidiary of Corus Bankshare Inc. which has a declared asset of $9 billion and $730 million in stocks. The banks if covered by FDIC certificate 13693.
