Available nationwide, UmbrellaBank is offering a 1.85% APY with their Money Market account.
Read below for more information on UmbrellaBank’s attractive account and rates.
About UmbrellaBank Money Market
Founded in 1988, they focus on online CDs and other savings products. UmbrellaBank strives to have competitive rates, great customer service, and a stable source for your investments. Additionally, when you open a new Money Market account with them you’ll receive good account features.
I’ll go over UmbrellaBank Money Market below.
UmbrellaBank Money Market Rate Offer
To earn the competitive rate, open a new money market account and have a minimum deposit of $1,000.
- What you’ll get: 1.85% APY
- Eligible account: Money Market
- Credit inquiry: Unknown
- Where it’s available: Nationwide
- Opening Deposit: $1,000 minimum
- Monthly fee: None
- Early Termination Fee: There is a fee if you withdraw before the maturity date.
(FDIC Insured)
How to Earn UmbrellaBank Rate
- Open a new money market account
- Make a direct deposit of at least $1,000
- Have an account balance of at least $25,000
| Balance Requirement | APY Rate |
| $1,000-$24,999 | 0.21% APY |
| $25,000+ | 1.85% APY |
UmbrellaBank Account Features
- Enjoy no monthly fees.
- Minimum opening deposit of $1,000 required.
- Easy to transfer via bank transfers, mobile deposit, wire transfer or check.
- Access your account anytime, anywhere.
- FDIC insured of up to $250,000
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Conclusion
Overall, when you open a new money market account with UmbrellaBank, you’ll receive their decent APY Rate. This offer is available nationwide for their clients. However, if you don’t find this rate attractive, check out other money market offers more suited for you.
In addition to the rate from Bethpage Federal Credit Union, 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.
Let us know about your experience with this bank and comment below.
Check back often to see the latest info on Money Market Account.
