Not exact matches
Able Banking, an online - only
bank, offers one of the
accounts with the highest
money market rate at 1.30 % APY.
As the online division of Northeast
Bank in Maine, ableBanking isn't the most recognizable brand, but its 1.70 % APY is nearly as high as the best
money market accounts we've been
able to find among both online and traditional
banks.
Banks and credit unions are also
able to open up IRAs and place the funds in a
Money Market account or Certificate of Deposit.
For years,
money market funds haven't been
able to match the rates you can get on high - yield FDIC - insured
bank savings
accounts.
And if you open a new Silver Checking Package and link it with your Package
Money Market Savings
account, you'll be
able to sign up for our U.S.
Bank START Smart Savings Program ™, with a special reward when you meet your savings goal.1
The more people pull
money out of their
money market and
bank accounts (this is accelerating), and the more mortgages and mortgage - backed securities that default (also accelerating), the less
banks and
money funds are willing or
able to buy commercial paper, and the greater the risk that everyone's payroll and credit cards seize up more or less simultaneously.
Checking
accounts, savings
accounts,
Money Market checking and
Money Market savings
accounts held at any commercial
bank or credit union nationwide that is
able to accept ACH transfers.