1.76% APY savings interest rates with Main Bank
Main Bank headquartered in Albuquerque, New Mexico offers an attractive interest rate for their high yield savings account. The money in the bank deal called Main Stream Savings III earns 1.76% APY for deposits of at least $5,000.
It appears that you need to go to their branch to open this high interest savings account. You may want to keep your funds above $5,000 to avoid the quarterly fee of $25. There is also a fee of $4 for an over the counter withdrawal.
The earnings of this savings account are compounded and credited on a quarterly basis.
This savings account also requires a checking account with the bank. They have two options for the checking account. A basic checking account requires $100 to open and the interest bearing checking account needs $1,000 to open.
Main Bank is a small bank located in Albuquerque, New Mexico so we tagged this as a local savings deal. You can call them through 505-880-1700 to know more about their savings offerings.
Main Bank is covered by the FDIC.
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