Money Market Accounts
Keep your funds secure and accessible with competitive compound interest and no monthly fees.
It’s almost like having it all.
Marblehead Bank’s fully insured Money Market Accounts offer competitive tiered interest – the higher your balance, the higher your rate.
Features & Benefits:
- Convenient ATM access to funds
- Check writing capabilities
- No minimum balance
- No monthly service charge
- $10.00 minimum opening deposit
- Competitive tiered interest
MONEY MARKET ACCOUNT* CURRENT INTEREST RATES
| Tier | APY | Rate | Min. Deposit to Open Account | Min. Balance to Obtain APY |
|---|---|---|---|---|
| Tier $0.01 – $9,999.99 | APY 0.25% | Rate 0.25% | Min. Deposit to Open Account $10.00 | Min. Balance to Obtain APY $0.01 |
| Tier $10,000 – $24,999.99 | APY 0.25% | Rate 0.25% | Min. Deposit to Open Account $10.00 | Min. Balance to Obtain APY $0.01 |
| Tier $25,000 – $49,999.99 | APY 0.25% | Rate 0.25% | Min. Deposit to Open Account $10.00 | Min. Balance to Obtain APY $0.01 |
| Tier $50,000 – $74,999.99 | APY 0.35% | Rate 0.35% | Min. Deposit to Open Account $10.00 | Min. Balance to Obtain APY $0.01 |
| Tier $75,000 – $99,999.99 | APY 0.50% | Rate 0.50% | Min. Deposit to Open Account $10.00 | Min. Balance to Obtain APY $0.01 |
| Tier $100,000 – $249,999.99 | APY 1.25% | Rate 1.24% | Min. Deposit to Open Account $10.00 | Min. Balance to Obtain APY $0.01 |
| Tier $250,000 – $499,999.99 | APY 1.50% | Rate 1.49% | Min. Deposit to Open Account $10.00 | Min. Balance to Obtain APY $0.01 |
| Tier $500,000 – $999,999.99 | APY 1.75% | Rate 1.74% | Min. Deposit to Open Account $10.00 | Min. Balance to Obtain APY $0.01 |
| Tier $1,000,0000 or more | APY 2.00% | Rate 1.98% | Min. Deposit to Open Account $10.00 | Min. Balance to Obtain APY $0.01 |
