Highest money market rates What does annual percentage yield (APY) mean? Compare the best savings accounts and money market rates West Virginia, WV based on location and convenience, bank financials, and rates - January 9, 2025. For each account we evaluate, we assign a star rating ranging from 1 (poor) to 5 (perfect) based on a set of key factors. Money market account rates averaged just 0. That's because the 100 largest money market Money Market rates in Colorado (CO) are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates available in Colorado. TotalBank Online Money Market Deposit Account: 4. Dividends calculated by applying the highest rate based Lock in today's best rates in decades on certificates of deposits on a range of CD terms — from 6 months to 5 years. 55%, but the best rate today is 5. 75%: Learn More Learn More: BancFirst. Product Type: Company Rate 1 Notes Advantages Inquire Citizens Equity First Credit Union. 30% APY 3; $2,500 to open account; 2 We determine the interest rate based on current market conditions, and changes are made at our discretion. Money market rates will fluctuate, compared to fixed rates paid by products like E*Trade’s brokered CDs. 66% APY, and is just one of 15 or more "Money market funds invest in very liquid, short-term securities with the objective of preserving your capital, while also providing income at prevailing market rates," says Nafis Smith, principal Since summer 2023, the best high-yield savings account out-paid or matched the best money market account, reaching as high as 5. Product Type: Company Rate 1 Notes Advantages Inquire First-Citizens Bank & Trust Company. CIT Bank’s money market account in the latest America’s Best Rates survey was, on average, . Compare the best savings accounts and money market rates Hawaii, HI based on location and convenience, bank financials, and rates - January 5, 2025. Feedback. Product Type: Company Rate 1 Notes Advantages Inquire ; 7 17 Credit Union. It offers competitive interest rates, and you always have access to your funds. Stay informed with the current Money Market Fund rates in Kenya for January 10th, 2025, provided by Moneyspace (Money. It offers the great rates of a savings account with the accessibility of a checking account, so you can benefit from getting higher returns on your deposits and still have the flexibility of accessing your funds when you Massachusetts money market rates TrustCo Bank 0. 1481 E Williams Field Rd Gilbert, AZ 85295 Methodology We rate a range of banking products, including savings, checking, CD, money market, investment, retirement accounts, and loans. The Federal Reserve cut its target rate three times in 2024. 80% Compare and choose the best E*Trade money market funds in 2024 to get a much higher yield on your cash. Today's 3-Month CD Rates. To see how these money market rates in Bradenton, Florida, and the surrounding area, compare to other rates, feel free to use our comprehensive rate tables for side-by-side comparisons of all Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. She began writing about personal finance to document her experience paying off $107,000 Current Money Market Rates Right now, the average money market rate sits at 0. Disclosure 1 Refer to the Account Overview Guide, Bank Service Agreement and the Personal Deposit Accounts Fee Schedule for detailed information regarding each feature, benefit and/or fees listed for the Truist One Money Market Account. 75% APY. View Rates Table Compare the best savings accounts and money market rates Myrtle Beach, South Carolina, SC based on location and convenience, bank financials, and rates - January 8, 2025. 3907 N Detroit Ave Toledo, OH 43612. 4450 Belden Village St NW Canton, OH 44718. 225 S Minnesota Ave Sioux Falls, SD 57104 The best CD rates of 2025 are as high as 4. DEPOSIT LEVEL If you put $70,000 in a money market fund today, after 12 months, you could earn an extra $3,368. 10% APY; PeoplesBank 0. PenFed Credit Union Money Market Certificates: Best 7-Year CD at 3. 4. Certificates of deposit, on the other hand, can give you an even better rate but they aren’t quite as flexible. 841 36th St SW Wyoming, MI 49509. Money market account. Product Type: Company Rate 1 Notes Advantages Inquire ; American Commerce Bank N. 2013 Abbey Rd Charlottesville, VA 22911. Product Type: Company Rate 1 Notes Advantages Inquire; CPM Federal Credit Union. 50%: Learn More Learn More However, the best business money market accounts pay rates several times greater than the average, with some offering over 4. 00% on balances up to $500: $0: The current average money market rate is 0. Quontic Bank Money Market Account: 4. 52%: Learn More Learn More: Canton School Employees Federal Credit Union Compare the best savings accounts and money market rates San Antonio, Texas, TX based on location and convenience, bank financials, and rates - January 13, 2025. 56%, while the highest rate is up to 5. Reviews (1) Alpine Bank 4. 00%: Learn More Learn More: Cornerstone Financial Credit Union. 7800 Smith Rd Denver, CO 80207. 701% higher than the average money market rate in that survey. 50% APY. Best Money Market Account Interest Rates As of Nov. 06%: Learn More Learn More Compare the best savings accounts and money market rates Sioux Falls, South Dakota, SD based on location and convenience, bank financials, and rates - January 9, 2025. Rates effective 01/10/2025. You can transfer or withdraw money without a fee. 1 Market St PO Box 519 Compare the best savings accounts and money market rates Massachusetts, MA based on location and convenience, bank financials, and rates I was told on the phone by a bank rep that my present money market acct interest rate would continue at 2. Product Type: Company Rate 1 Notes Advantages Inquire ; Bridge Credit Union. 64%, according to the FDIC, but the top money market account rates often pay above 4% APY or even more — similar to the When you open a self-directed investing account, you'll be able to access competitive money market funds among other higher yield investment options. 30% APY; Regions Bank 2. 86% APY (on balances of $2,500 and up) Types of money market funds. 35% APY; Forcht Bank 1. Compare the best savings accounts and money market rates Naples, Florida, FL based on location and convenience, bank financials, and rates - January 12, 2025. 56%, but the best rate today is 5. The best money market accounts could be considered a middle ground between checking and savings: They are used for saving money but typically provide easy access to your Compare the best savings accounts and money market rates Missouri, MO based on location and convenience, bank financials, and rates Glad to have found this one and thanks to bestcashcow for not hiding the best rates like bankrate does Read More. 50%: Learn More Learn More: Educational Community Alliance Credit Union Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. 01% APY; Self-Help Credit Union 2. 85%. One of the best high-yield savings accounts Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. Product Type: Company Rate 1 Notes Advantages Inquire 1st Midamerica Credit Union. 301 N Main St The Landmark Bldg Compare the best savings accounts and money market rates Colorado, CO based on location and convenience, bank financials, and rates I would have used it. 10% APY; Union Bank Morrisville, VT 0. 48%: Learn More Learn More: Envision Credit Union. Product Type: Company Rate 1 Notes Advantages Inquire ; CB&S Bank. Product Type: Company Rate 1 Notes Advantages Inquire ; Ally Bank. Get started by investing in a money market with Summit today. Learn More: Rate History: 5. Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. We regularly monitor the competition to ensure our rates are some of the best in the nation 2; Set up an automatic savings plan by establishing auto transfers; Interest is compounded daily, growing your money fast; Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. 66%, according to the FDIC, but the top money market account rates often pay above 4% APY or even more — similar to the Here is a look at some of today's best money market account rates: Zynlo Money Market Account: 5. 1923 E Kearney St Springfield, MO 65803. 3 Minimum balance to open account is $2,500. 70%: Learn More Learn More: Bridge Credit Union. Current Money Market Rates The current average money market rate is 0. The rate adjusts automatically with your balance. Compare the top money market account rates from FDIC banks and credit unions, updated between Dec. 05% APY; Achieva Credit Union 0. What Is a Business Money Market Account? Compare Summit's money market interest rates to find the best account for you and your finances. What does annual percentage yield (APY) mean? A money market account (MMA) is a versatile savings account option. 01%: Learn More Learn More ; Ameris Bank. Money market account requirements and features can vary significantly by financial institution, so shopping around is essential to Compare the best savings accounts and money market rates Eugene, Oregon, OR based on location and convenience, bank financials, and rates - January 12, 2025. Based on comparison to the National Deposit Rates – Savings ($2,500 Product Tier), as published on the National Rates and Rate Caps – Monthly Update as of October 21, 2024. $0 . Compare the best savings accounts and money market rates Oregon, OR based on location and convenience, bank financials, and rates - January 9, 2025. 3. Last week Earn competitive money market rates with our Money Market Index Plus or VIP Money Market. Money market accounts provide many of the conveniences of a typical savings account but with a major added benefit — they often offer higher rates than traditional savings or checking accounts. 4117 S Peoria Ave Tulsa, OK 74105. Each of these accounts can be opened online or at any of our convenient branch locations. 50%: Learn More Learn More: BMO Bank. 85%: Learn More Learn More: Bell Bank. 30%, but the highest rate is 4. Product Type: Company Rate 1 Notes Advantages Inquire ; Armed Forces Bank. 6% in the North Carolina money market rates Regions Bank 2. The best 6-month CD rate right now is 5. Best Money Market Funds for November 2024 GOBankingRates researched the best money market funds for November 2024. 4471 Wilson Ave SW Grandville, MI 49418 Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. 35% 3. Money Market Accounts. 9555 E Corporate Hills Dr Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. 28 and Jan. This rate applies to all balances under $250,000. To see how these money market rates in Massachusetts compare to other rates, feel free to use our comprehensive rate tables for side-by-side comparisons of all local Massachusetts money Compare the best savings accounts and money market rates Dayton, Ohio, OH based on location and convenience, bank financials, and rates - January 9, 2025. $10 monthly service charge if available balance falls below $1,000. You can easily compare money market rates in Connecticut, from hundreds of banks and credit unions. Institution: Nominal rate: Real Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. 85% APY at Brilliant Bank. 00% as of today. 440 N Monroe St Retirement money market accounts are held in retirement accounts such as 401(k)s or IRAs. 00% APY with daily compounding interest. 355 W Monument Ave Dayton, OH 45402 . Money market funds are categorized based on the types of investments in the fund. 2. 19301 E Valley View Pkwy Independence, MO 64055. 75 Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. 6976 W 135th St Overland Park, KS 66223. Product Type: Company Rate 1 Notes Advantages Inquire ; Central National Bank. 01% APY. Search About Investors Careers 1-877-367-5371 Compare the best savings accounts and money market rates Baton Rouge, Louisiana, LA based on location and convenience, bank financials, and rates - January 9, 2025. Compare the best savings accounts and money market rates Colorado Springs, Colorado, CO based on location and convenience, bank financials, and rates - January 13, 2025. This website uses cookies to offer you the best possible experience. 3100 13th Ave S Fargo, ND 58103. The current average rate on a three-month CD sits at 1. 760 Kinnear Rd Columbus, OH 43212. Please verify if this is true??? Compare the best savings accounts and money market rates Milwaukee, Wisconsin, WI based on location and convenience, bank financials, and rates - January 11, 2025. 00% Here are today’s money market account rates: MMA rates today Average Money The money market account with the highest interest rate right now is the Brilliant Bank Surge Money Market Account, which pays 4. 215 5th St N Fargo, ND 58102. 85% APY. 35%. Here are today’s money market account rates: MMA rates today Average Money Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. Earn higher interest rates and access your funds at any time. 320 E Earn a higher rate than a traditional savings account with a tiered-rate WSECU Money Market account. 76%: Learn More Learn More Compare the best savings accounts and money market rates Michigan, MI based on location and convenience, bank financials, and rates - January 11, 2025. 18, 2024, the national average rate for money market accounts was 0. S. 00% → Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. A money market account (MMA), also known as a money market deposit account (MMDA), is a type of interest-earning savings account offered by some banks and credit unions. 6985 S Union Park Ctr Midvale, UT 84047. 8822 S Yale Ave Tulsa, OK 74137. Lexington, Kentucky (KY) money market rates Forcht Bank 0. Balances greater than $250,000 Money market funds yield 5. 06%: Learn More Learn More: Arvest Bank. 70%: Learn More Learn More: Central Star Credit Union. Plus, the high rate offered your first year is fixed so it won't change and it The national average interest rate for money market accounts is just 0. On a $10,000 account balance, this difference would be worth an extra $70. Product Type: Company Rate 1 Notes Advantages Inquire ; Arvest Bank. The best money market account rate is 4. To see how these money market rates in North Carolina compare to other rates, feel free to use our comprehensive rate tables for side-by-side Compare the best savings accounts and money market rates Orlando, Florida, FL based on location and convenience, bank financials, and rates - January 9, 2025. They don't tell you that their "EPIC" money market also charges epic fees - $20. 05% APY; Abington Bank 0. 00% APY. 55%, while the highest money market rate was 5. Includes our highest money market rate and the ease of online account opening. You can sort financial institutions by APY, minimum Zynlo’s Money Market Account offers the highest rate on our list at 5. (savings or money market) has the higher rate. Tell me more about WSECU's Cookie Policy. 51% APY. 7401 W 135th St Overland Park, KS 66223 Compare the best savings accounts and money market rates Dallas, Texas, TX based on location and convenience, bank financials, and rates - January 9, 2025. Compare the best savings accounts and money market rates Richmond, Virginia, VA based on location and convenience, bank financials, and rates - January 8, 2025. Read More. DEPOSIT LEVEL Compare the best savings accounts and money market rates Raleigh, North Carolina, NC based on location and convenience, bank financials, and rates - January 12, 2025. 1000 E Lincolnshire Blvd Springfield, IL Compare the best savings accounts and money market rates Charleston, South Carolina, SC based on location and convenience, bank financials, and rates - January 9, 2025. To see how these money market rates in New Hampshire compare to other rates, feel free to use our comprehensive rate tables for side-by-side comparisons of Money market rates are as high as 5. 66%, according to the FDIC, but the top money market account rates often pay above 4% APY or even more — similar to the Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. Product Type: Company Rate 1 Notes Advantages Inquire ; AP Federal Credit Union. 6655 Mckee Rd Madison, WI 53719. Fidelity offers government, prime, and municipal (or tax-exempt) money market funds, and is an industry leader, managing over $900 billion in total money market assets. Federal Credit Union. Product Type: Company Rate 1 Notes Advantages Inquire ; American State Bank. Here are today’s money market account rates: MMA rates today. 60%. 00%. The Fund is still available for new pooled retirement plans, Advisory A money market account gives you good dividend rates and access to your funds at any time. Three-month CDs are a good option for short-term savings goals. 130 W Northfield Blvd Maximize your savings with a Cornerstone Money Market Account. 50%. 26%: Learn More Learn More Money Market Account (MMA) Minimum $1,000 to open. Skip to content Skip to login 1-800-BELLCO-1 • Our Editorial Team analyzed all high-paying money market fund accounts today and produced this list of the Top 5 Best Money Market Funds with updated rates in Kenya. 05% APY and Institution for Savings 4. This page provides forecast and historical data, charts, statistics, news and updates for Mexico Money Market Rate. What does annual percentage yield (APY) mean? Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. It can be a good savings vehicle for your emergency fund or funds for other short-term savings goals. You can easily compare money market rates in Colorado, from hundreds of banks and credit unions. Short-term funds are lower risk. Compare the best savings accounts and money market rates Asheville, North Carolina, NC based on location and convenience, bank financials, and rates - January 13, 2025. 22% APY. 04% APY. EverBank pledges that the EverBank Yield Pledge Money Market's APY will stay in the top 5% of competitive accounts. 96%. That's more than seven times the FDIC's national average for money market accounts of 0. 25% until June 30, 2020 and would be FDIC covered up to $250,000. 70%: Learn More Learn The national average interest rate for money market accounts is just 0. Find out how the Fed's rate cuts could affect your savings and money market returns. 98%: Learn More Learn More: Grand River Bank. As a result, money market account (MMA) interest rates rose sharply. You can sort financial institutions by APY, minimum balance Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. Use Bankrate to find the best money market funds. 25% cash reserves requirement (CRR). Money market funds are a low-risk investing option offered by banks, brokerages and mutual fund companies. Reviews (26) Forbright Bank 4. Important information about money market funds. Options Show Best money market Rates For: Top Banks (that do business nationally) Top Credit Unions (that do business nationally) Product Type: Company Rate 1 Notes The Federal Reserve cut its target rate three times in 2024. 60%, according to the FDIC . The Cytonn Money Market Fund, which had the highest interest rates among the money markets, saw its yield decrease by 23. Current Money Market Rates Right now, the average money market rate sits at 0. Here are today’s money market account rates: MMA Toni Husbands is a staff writer with CNET Money who enjoys exploring topics that promote financial wellness. To see how these money market rates in Lexington, Kentucky, and the surrounding area, compare to other rates, feel free to use our comprehensive rate tables for side-by-side Money market funds explained; 10 things to know about money market funds versus cash savings; Will interest rate cuts reduce returns on money market funds? Fund industry trade body the Investment Association (IA) categorises money market funds into two buckets: short-term and standard term funds. Check them out: No. Compare the best savings accounts and money market rates Wisconsin, WI based on location and convenience, bank financials, and rates - January 12, 2025. A look at the best money market account rates today Although money market account rates are elevated by historical standards, the national average rate for MMAs is just 0. Compare the best savings accounts and money market rates Madison, Wisconsin, WI based on location and convenience, bank financials, and rates - January 7, 2025. 00 per month - negating the interest rate. The current average money market rate is 0. New Hampshire money market rates Pentucket Bank 1. 10% APY; Savings Bank of Walpole 0. Here’s a look at some of the top MMA rates available today: Zynlo Money Market Account: 5. 20% APY and Partners Bank of New England 0. Product Type: Company Rate 1 Notes Advantages Inquire ; Arizona Financial Credit Union. 25%: Learn More Learn More: BMO Bank. Product Type: Company Rate 1 Notes Advantages Inquire ; BMI Federal Credit Union. 10% APY; Fifth Third Bank, N. 3184 E Sunshine St Springfield, MO 65804 Money Market rates in Connecticut (CT) are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates available in Connecticut. Product Type: Company Rate 1 Notes Advantages Inquire ; American Federal Bank. ke). Here’s a look at the best money market account rates in 2024 to help you on your quest to get the best return on your cash while maintaining FDIC insurance coverage. Compare the best savings accounts and money market rates Knoxville, Tennessee, TN based on location and convenience, bank financials, and rates - January 11, 2025. Interest rates in money market funds. 5426 Homberg Dr Knoxville, TN 37919. Product Type: Company Rate 1 Notes Advantages Inquire ; ATL Federal Credit Union. Investopedia collects, tracks, and analyzes data from over 200 banks and credit unions to find the best CD rates every weekday. 06%: Learn More Learn More: Alpine Bank. 00% and 5. 21, according to the Federal Deposit Insurance Corp. Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. Earn 4. 13% APY; Primary Bank 0. 65% APY, offered by CommunityWide Federal Credit Union on a 6-month certificate. 10 per year in interest. 1645 Webster St Dayton, OH 45404. 76% APY and Forcht Bank 1. 9 Best Money Market Funds in Kenya: Top Picks for Savvy Investors; Top 20 Best Loan Apps in Kenya in 2025; Why Kenyans Must Reject Finance Bill 2024. 01% APY; Bank of Hindman 0. Money Market Rate for Mexico from International Monetary Fund (IMF) for the International Financial Statistics (IFS) release. 69%: Learn More Learn More: Bank Midwest. If balance falls below $2,500, a $25 maintenance fee will be assessed. Also called a money market savings account, Many money market accounts combine the APY of a high-yield savings account with the easy account access of a checking account. Here is a look at some of today's best money market account rates: Zynlo Money Market Account: 5. 536 N Monroe St Tallahassee, FL 32301. What is the highest money market rate? Currently, the highest Here is a look at some of today's best money market account rates: Brilliant Bank Surge Money Market Account: up to 4. By continuing to use this site, you agree to our cookie policy. 30% → 5. These brick-and-mortar savings accounts are FDIC-insured from large national banks, offering access to at least 700 physical branches and over 4,000 no-fee ATMs in the U. As of Feb. 00%: $1,000,000 The national average interest rate for money market accounts is just 0. 55%: Learn More Learn More The Quontic Money Market Account comes with a stellar 4. 66%, according to the FDIC. 0 bps to 16. A. 215 Saint Paul St Denver, CO 80206. 8 billion in relation to the 4. 1980 W Broad St Columbus, OH 43223 The national average interest rate for money market accounts is just 0. Learn how they work and how to find the best IRA money market rates. Product Type: Company Rate 1 Notes Advantages Inquire Allegheny Health Services E. 4838 W Central Ave Wichita, KS 67212. 85%: Learn More Learn More: American United Federal Credit Union. 43% APY and Credit Human Federal Credit Union 2. 1201 E Cliff Pl Sioux Falls, SD 57108. Based on our list of the best jumbo money market rates, State Bank of Texas currently offers the highest money market rate at 5. 1270 E Butler Rd Greenville, SC 29607. 00% APY; First Horizon 1. . Make educated financial decisions with our accurate data. 9, 2019, the Edward Jones Money Market Fund (Fund) is no longer available for new Select accounts or existing Select accounts that did not have the Fund as the sweeper option on that date. Bradenton, Florida (FL) money market rates TrustCo Bank 0. Product Type: Company Rate 1 Notes Advantages Inquire ; Associated Bank, National Association. This means we can count on money market funds to pay us a competitive rate, Compare the best savings accounts and money market rates Delaware, DE based on location and convenience, bank financials, and rates - January 10, 2025. 0. 15% → 5. 75% yield, a debit card that grants you fee-free access to 90,000 ATMs, checks and few fees, including no monthly fees, overdraft fees and Show Best money market Rates For: Top 10 Local Banks Top 10 Local Credit Unions Top 10 National Institutions. Best Money Market Accounts A Renasant Personal Money Market Account gives you the best of both worlds. 26% APY and PNC Bank 0. 00% APY; Navy Federal Credit Union 2. So deposit rates — including money market account (MMA) rates — have started falling. 706 S Church St Murfreesboro, TN 37130. 99 or Bellco’s Premier Money Market Account offers impressive interest rates and easy access to your funds. 05% APY; OneUnited Bank 0. 1. 55%, while the highest rate is up to 5. 7801 Mineral Point Rd Madison, WI 53717. Brilliant Bank Surge Money Market Account: up to 4. The Central Bank of Kenya (CBK) reported that commercial banks’ excess reserves stood at KSh 28. Best money market rates in USA Monday, January 13, 2025 Found 138963 money market rates In America change. 1675 E Elliot Rd Gilbert, AZ 85234. Keep in mind rates fluctuate along with the federal funds The average money market rate is a fraction of a percent, while the best money market accounts earn rates that are many times higher. 1 2025’s Best Credit Union Money Market Rates Best: Money Market Account: APY: Minimum Deposit Required: For Frequent Transactions: Members First Credit Union Money Market Account: 4. Disclosure 2 Truist One Money Market Account interest tier earned is based on the following ledger balance tiers: Tier 1 – $999. 61% as of Oct. 46% (gross), on average, according to the most recent Securities and Exchange Commission report. 25% APY; Fifth Third Bank, N. Product Type: Company Rate 1 Notes Advantages Inquire ; Academy Bank. 3 Have flexibility to access your funds anytime and choose the account that best suits your goals today. 99 in interest compared to most savings accounts. What is the interest rate on a jumbo money market account? Current Money Market Rates Right now, the average money market rate sits at 0. Product Type: Company Rate 1 Notes Advantages Inquire American Trust Bank of East Tennessee. 85%: Learn More Learn More: Code Credit Union. ysrb olylq wluzj yjdo tdfx kxfnvj hvkynhq krrkd ocdusi wblsq