If you are a current resident of New York, you can now take advantage of a 1.08% APY from First American National Bank when you sign up and open a new Smart Money Market Account with minimal requirements. If you are currently interested, all you would have to do is apply for e-Statement via Online Banking as well as having a opening deposit of $100,000 or more. Once you have met the requirements, you will be able to earn the rate as well as a host of account features to meet all your banking needs. Are you currently interested? Please do not hesitate! I recommend you apply as soon as you can as the rate’s subjected to change.
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First American National Bank Account Summary:
- Apply Now
- Account Type: Money Market Account
- Rate: 1.08% APY
- Availability: NY (Branch Locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know!
- Direct Deposit Requirement: No
- Additional Requirements: None
- Avoid Monthly Fee:
- $5 monthly service fee if balance falls below $5,000.
- Early Termination Fee: None listed
First American National Bank Fine Print:
- e-Statement via Online banking required.
- $15,000 minimum opening balance.
- Rates below $100,000 are subject to change without notice.
- If pre-authorized debits, such as phone, online or automatic transfers exceed 6 per month, a fee of $15 will be charged for each debit over the allowed 6 per month.
- The bank may change your account to a checking account for repeated occurrences.
First American National Bank Account Features:
- eStatement
- Online banking
- 24/7 telephone banking
- Access to branches and ATMs statewide
- FDIC insured
Conclusion:
If you are a current resident of New York and would like to earn a generous rate, then now is your chance! Not only are you able to earn an attractive rate from First American National Bank, but you will have the chance to utilize a host of account features. Additionally, you have the chance to be a part of well trusted bank. However, this account seems to be limited geographically. For those that qualifies, you might find this to be quite worthwhile. However, if you are not currently interested, be sure to check out our list of best savings rates for all your saving needs!
