Are you interested in a new banking experience? If so, then you are definitely in luck! Mutual Bank is now offering residents of Massachusetts a 1.70% APY for their Money Market Account. To get started with this rate, all you would need to do is have an opening deposit greater than or equal to $1,000. Once you have done so, you will receive the rate as well as a wide range of account features to compliment your banking experience. Additionally, you can also bank with ease knowing the bank is FDIC and SIF insured. How great is that! Are you currently interested? Please do not hesitate! I recommend you apply as soon as you can as the rate’s subjected to change.
 |
 |
Mutual Bank Money Market Account Summary:
- Apply Now
- Account Type: Money Market Account
- Rate: 1.70% APY
- Availability: MA (Bank Locator)
- Expiration Date: None
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Direct Deposit Requirement: None
- Additional Requirements: See Below
- Avoid Monthly Fee: A fixed charge of $10.00 will be applied every statement cycle if the balance in this account falls below $1,000.00 any day of the cycle.
- Early Termination Fee: $15, if closed within 90 days of opening account
Mutual Bank Money Market Account Requirements:
- Minimum balance to open the account is $1,000.00.
- You must maintain a minimum balance of $.01 in the account each day to obtain the disclosed APY
- Maximum balance to earn the stated rate is $250,000.
Mutual Bank Money Market Account Fine Print:
- Transfers from any money market account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per statement cycle with no more than six by check, draft, debit card, or similar order to third parties.
- $10.00 Regulation D Violation fee applies to applicable transactions greater than six per statement cycle.
Conclusion:
It is often difficult to select which account fits your needs the best. With a range of bank rates, finding one that’s perfect for you isn’t as easy as it seems. However, with Mutual Bank, you can do just that! With a new account, you can earn a generous rate just for meeting its deposit requirement. Additionally, with access to a range of account features, banking has never been easier. However, if you’re not interested in this offer check out our Best Bank Rates for savings accounts and more!
 -Get started and open a Discover® Money Market Account in 3 easy steps. • Available nationwide online • Earn high yields with flexible access to your cash. • Earn 3.55% APY balances $100,000 and over • Earn 3.50% APY balances under $100,000 • Save time and deposit checks securely through the Discover mobile app • Easy cash access via debit or check, or via ATM at over 60,000 no-fee ATMs • Move money in and out of your money market account easily and securely with just a few clicks or taps |
