For maximum return on short-term investments, our money market account is the best choice.
It’s a great alternative to choosing a mutual fund with check writing capability because at National Grand Bank accessing your money is always convenient.
With a daily balance of $1,000 or more, you’ll receive the current money market account interest rates. If your balance should dip below $1,000, you’ll automatically receive the current NOW account interest rate.
The rate automatically reverts whenever your balance is over $1,000. No fees are charged with a minimum daily balance of $750. Otherwise, it’s just $3.00 per month plus $0.30 per check or debit.
Federal regulations allow no more than six (6) preauthorized telephone, automatic computer initiated, point of sale or other third party transfers (of which no more than three (3) can be checks) on a money market account per statement cycle.
Opening the account is easy. All you will need is a current driver’s license, current passport or social security number.
Equal Housing Lender