Available to residents of Oklahoma and Texas, MapleMark Bank Platinum Money Market is offering a 0.65% APY Rate. Continue reading below for everything you would need to know about the account.
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MapleMark Bank Platinum Money Market Review
MapleMark Bank is found in Dallas and Oklahoma. This bank was established in 1909. It is also a relatively small bank with only 3 branch locations. For more information on the Platinum Money Market account, keep reading below.
In addition to the rate from MapleMark Bank, check out our list of best rates Savings, Money Market, and CD accounts.
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I’ll review MapleMark Bank Platinum Money Market below.
MapleMark Bank Platinum Money Market Rate
To earn MapleMark Bank’s competitive rate, you must have an opening deposit of $25,000. You must also maintain this balance in order to earn the rate as well as avoid the monthly fee.
- What you’ll get: 0.65% APY
- Eligible account: Platinum Money Market Account
- Credit inquiry: Unknown
- Where it’s available: TX, OK
- Opening Deposit: $25,000
- Monthly fee: Monthly fee of $75 if you fall below the $25,000 account balance
- Early Termination Fee: $75 fee if account is closed within 60 days of account opening
(FDIC Insured)
How to Acquire MapleMark Bank Rate
- Open a Platinum Money Market account with a opening deposit of $25,000
- Maintain a $25,000 minimum balance amount and earn the 0.65% APY rate
- $25,000 minimum deposit to open
- Must maintain the $25,000 account balance to avoid the $75 monthly fee
| Balance Requirement | APY Rate |
| $25,000+ | 0.65% APY |
MapleMark Bank Account Features
- Highly competitive rates, for higher balances
- Online & Mobile Banking
- eStatements
- FDIC Insured
Conclusion
MapleMark Bank is offering a decent APY Rate of 0.65% for their Platinum Money Market Account. The account minimums seem a bit high, especially for an APY Rate below 2.00%. If you can’t meet the minimum, I would recommend a different account so you don’t risk having to pay the hefty $75 monthly fee.
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