Available nationwide, the First Resource Bank Money Market Deposit Account offers 5.29% APY on your funds.
First Resource Bank Money Market Deposit Account Review
First Resource Bank is built on three core tenets:
- Provide unequaled service with a team approach
- Make a positive impact in the communities we serve
- Focus on innovation, growth, and forward solutions for our shareholders, clients and employees
A growing bank since 1919, First Resource Bank serves small businesses, entrepreneurs and individuals with prompt client service and creative lending and deposit solutions. Presenting a full range of commercial and consumer products and services, First Resource Bank offers competitive rates and innovative solutions through its teams of experienced banking professionals. No matter where you are in your financial journey, you can trust the expertise – and the resources – of First Resource Bank.
I’ll review the First Resource Bank Money Market Deposit Account below.
First Resource Bank Money Market Deposit Account Rate
To easily earn First Resource Bank’s competitive rate, start by opening their Money Market Deposit Account.
- What you’ll earn: 5.29% APY
- Eligible account: Money Market Deposit Account
- Credit inquiry: Hard Pull or Soft Pull? Let us know
- Where it’s available: Nationwide
- Opening Deposit: $1
- Monthly fee: None
- Early Termination Fee: Not listed
(FDIC Insured)
How to Earn Rate
- Open a new account with a minimum opening deposit of $1.
- Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
- Start earning interest from Day 1 of your first deposit with no limit on how much you can earn.
Balance Requirement | APY Rate |
$0.01+ | 5.29% APY |
Account Features
- FDIC insured. No fees. $1 minimum deposit.
- 24/7 online access to funds.
- Committed to their community with volunteerism and financial support.
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Conclusion
Building a savings during this time in day has gained a lot of importance. Build your savings and emergency fund with this account offering a high, competitive rate.
Let us know about your experience with this bank and comment below.
In addition to the rate, 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.