Northeast Bank Pearl Money Market is offering 1.10% APY rate to new personal and business customers with guaranteed rate for a limited amount of time. In order to open the account, you must have an opening deposit of at least $5,000. At 1.10% APY, it is currently one of the highest yield money market rates in the US. Northeast Bank is a well established and stable bank with over 140 years of service.
With only 11 locations in Maine and 1 location in New Hampshire, expect the highest quality of service when opening a Pearl Money Market account with Northeast Bank. This promotion is available for personal customers nationwide online and resident business customers in Maine and New Hampshire.
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Northeast Bank Pearl Money Market Summary:
- Apply Now
- Account Type: Pearl Money Market
- Rate: 1.10% APY
- Availability: New personal customers nationwide(online) and resident business customers.
- Expiration Date: None
- Soft/Hard Pull: Unknown
- Direct Deposit Requirement: None
- Additional Requirements: Must deposit $5,000 for opening deposit.
- Monthly Fee: $0 with minimum balance of $2,500, otherwise $7 for personal customers and $10 for business customers.
- Early Termination Fee: None
Northeast Bank Pearl Money Market Account Features:
- Account allows as many as 6 combined withdrawals per statement cycle.
- No monthly fee with a minimum balance of $2,500.
- Personal customers can apply online.
- FDIC Insured for up to $250,000.
Conclusion:
Northeast Bank Pearl Money Market has an excellent 1.10% APY rate that is available nationwide online to personal customers and to resident business customers. Online banking is not available to business customers . Personal customers should definitely take advantage of this high yield rate and sign up today. A minimum opening deposit of $5,000 is required and there are no monthly fees if you keep your balance at $2,500 or more. If you live in Maine and need a business savings account, then the Pearl Money Market account with Northeast Bank would be a great choice, otherwise, review our complete list of savings and money market accounts for the best savings rates.
