UFB Direct Money Market customers now earn interest on the entire Balance from $0 – $250K at a rate of 1.25%APY
Announced earlier this month, UFB Direct makes choosing a Money Market account easier than ever. With a minimum opening deposit of $5000 account holders can start earning a high money market interest rate. In addition, funds of $250,001 and above will earn 0.25% interest rate. Low $10.00 monthly fees if the average ledger balance is under $5000, but if the balance is greater than $5000 no monthly maintenance fees apply. Allowing interest to accrue for balances under $5000 constitutes an extraordinary deal for the Money Market depositors.
Along with a great rate, UFB Direct Money Market Account offers many advantages, including high interest rate, accessibility to funds, and many online banking convenience features. With an APY of 1.25% on balances of $0-$250,000 as the opening perk, free (limited) check writing, free My Deposit (depositing checks from office, home or anywhere), and Free Visa Debit Card continue to add value. Interest is compounded daily so as the balance grows, so does the amount of interest earned. Of course money can be withdrawn at any time by check, ATM or with Free Bill Pay. The number of free transactions per month is limited and a nominal fee applies if limits are exceeded. Free Quicken FinanceWorks is a great tool in assisting in keeping track.
Open an online Money Market Account with UFB Direct in minutes by logging onto UFBDirect.com. Simple and easy instructions are provided. Have the peace of mind of knowing that each Money Market Account is FDIC insured, and with free secure Mobile Banking, instant account information is readily available at any time. Choose UFB Direct for your Online Banking needs.