Unity Bank North is pushing for their best interest rate savings account called Money Beez Savings Account. The bank lets you earn an interest rate of 1.31% APY with a very small minimum deposit of $20 to open an account. This money in the bank deal is open to children age 12 and under. Kids who made at least $10 deposit for the quarter has the chance to get the following rewards:

• account holder will receive $5 for the balance of $100
• account holder will receive $8 for the balance of $200
• account holder will receive $10 for the balance of $300
• finally account holder will receive $20 for the balance of $500

In case of you want to take some money out of the account, you are allowed up to 14 withdrawals per quarter. In excess to this, there will be a charge of 25 cents per withdrawal. Take note that current interest rate is subject to change anytime without prior notice.

The bank also has another savings account that provides best interest rate and It is called Progressive Savings. This lets you earn an interest rate of 1.31% APY as well. The minimum amount to open an account is $25. Although the banks website does not provide much information about this account. You may call the banks customer service to get detailed information about it thru 866-207-1691.

Individuals who want to take advantage of this best savings account rate may visit one of the banks branch to apply. The bank has two offices located in the cities of Red Lake Falls and Mentor in the state of Minnesota.

Unity Bank North was established in 1933. They currently have over $186 million in declared assets. They are also a member of the Federal Deposit Insurance Corpoaration with certificate number 8545.