Available nationwide, the Amalgamated Bank Money Market account is offering 5.25% APY on your funds.
Amalgamated Bank Money Market Review
Amalgamated Bank, founded in 1923 by the Amalgamated Clothing Workers of America, is a commercial bank chartered in New York with nationwide service. At Amalgamated Bank – America’s Labor Bank – they work hard to make your life easier. For more than 80 years, they have provided working men and women, as well as unions, associations and businesses, with affordable banking services.
I’ll review Amalgamated Bank Money Market below.
Amalgamated Bank Money Market Rate
- Learn More at Amalgamated Bank
- Eligible account: Money Market
- Credit Inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Opening Deposit: $10K min to earn rate
- Monthly fee: There are no monthly service fees
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
How to Earn Amalgamated Bank Rate
- Open a Amalgamated Bank Money Market account with $10K minimum opening deposit.
- Maintain the $10K balance amount to earn 5.25% APY.
Amount | APY |
$10,000+ | 5.25% |
$0–$9,999.99 | 1.00% |
Amalgamated Bank Money Market Features
- Competitive Rates: Earn interest on your money while it is still highly liquid.
- Flexibility: Deposit and withdraw money at any time just like a checking or savings account.
- Tiered Rates: The more you put into the account, the higher APY you can earn.
- Security: Your money is FDIC insured up to the maximum allowed by the law.
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Conclusion
Amalgamated Bank is offering a great rate for their Money Market Account.
In addition to the rate from Amalgamated Bank, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Check back often to see the latest info on Amalgamated Bank Money Market Account.