Rates Blog

Finance Blogs » Rates » Money market account and rates for Livonia, Michigan

Money market account and rates for Livonia, Michigan

By Mitch Strohm · Bankrate.com
Saturday, May 21, 2011
Posted: 12 pm ET

Money market accounts can often yield more than other interest-bearing savings accounts. Finding a decent money market account and rates in Livonia, MI, can sometimes be difficult to do. The national average for a money market account rate has remained around 0.17 percent lately. If you're looking for higher yields, our rates survey can help you locate a yield in your area of Michigan.

A money market account can be a good place to keep your savings while searching for more lucrative investments. As a long-term savings vehicle, it provides a decent yield with the benefit of safety. You can locate a money market account and rates in Livonia, MI, and in other areas across the country.

Money market account and rates in Livonia, MI

Here are the money market account rates in Livonia, MI, as of noon Friday.

Bank Institutions Intro Rate Intro Months Rate After Intro APY Min Bal Open Min Bal Avoid Fees Monthly Fees
Ally 0% 0 1% 1% $0 $0 $0
Flagstar Direct 0% 0 1.10% 1.11% $1 $0 $0
Bank of America 0% 0 0.10% 0.10% $25 $5,000 $12
PNC Bank, NA 0% 0 0.10% 0.10% $100 $1,000 $10
Comerica Bank 0% 0 0.05% 0.05% $50 $2,500 $12

Calculate your money market account rate with our savings calculator.

«
»
Bankrate wants to hear from you and encourages comments. We ask that you stay on topic, respect other people's opinions, and avoid profanity, offensive statements, and illegal content. Please keep in mind that we reserve the right to (but are not obligated to) edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.

By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.