High Yield Money Market
Our High Yield Money Market account combines the liquidity of a checking account with the earning power of premium rates. The more you keep in the account, the more you earn!
$25,000.00 – $149,999.991 1.01% APY*
$150,000.00 – $299,999.992 1.26% APY*
$300,000.00 – $999,999.993 2.02% APY*
$1,000,000.00 – Over4 2.99% APY*
Your growing account is safe and sound with FDIC insurance, up to the maximum amount allowed by law. Ask your R Banker today for more details about this exceptional account.
- Superior. Our highest money market interest rates are yours without compromise on access, ensuring that your higher balances earn you the premium you deserve yet remain ready to use.
- Graduated. Pre-defined tiers deliver progressively higher interest rates as your balance grows. Add funds as quickly as you want with unlimited deposits.
- Convenient. Monitor and manage your account with free Online Banking or Telephone Banking, R Bank’s 24-hour telephone banking system. Transactions are limited to six withdrawals each statement cycle at no charge, three of which may be third-party items.
High Yield Money Market Disclosure
$2,500 Minimum is required to open an account. The monthly daily balance is $25,000 to earn the minimum Annual Percentage Yield (APY)*. Rate and APY are current as of November 25, 2022, and are subject to change without notice. 1 – Interest Rate is 1.00% / 2 – Interest Rate is 1.25% / 3 – Interest Rate is 2.00% / 4-Interest Rate is 2.95%. Monthly Service Charge of $15 if balance falls below $25,000 minimum balance on ANY day of the statement cycle. Money Market Accounts are limited transaction accounts: six (6) withdrawal transactions per statement cycle. Additional transactions (including ACH items and transfers) over six (6) are charged an excessive withdrawal fee. See the Deposit Account Agreement for all terms and conditions of these accounts.
Open an account online today with R Bank’s online account opening feature. R Bank offers personal help when you need it and robust technology for your freedom and control when you want to bank on your own.
The R Bank electronic suite of Online Banking, Ea$y Pay bill payment, earth-friendly E-Statements, and automatic Overdraft Services allow you to bank online with ease any time you like. See your current balances, make transfers or loan payments, review E-Statements, and much more from the secure convenience of your computer.