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Money market account and rates in Alpena, Michigan

By Mitch Strohm · Bankrate.com
Tuesday, February 14, 2012
Posted: 10 am ET

The average national money market account yield is at 0.13 percent for the eighth consecutive week. And due to Federal Reserve regulations, yields won't be rising anytime soon. But money market accounts might still be a better option than money market funds. Use our rates survey to find the best money market account and rates in Alpena, MI, and in other areas of Michigan.

Money market accounts are insured by the FDIC up to $250,000 per depositor per bank, making them a safe investment. If you have more than $250,000, spread your money out across different banks. Just make sure to shop thoroughly for a money market account and rates in Alpena, MI, to find the best deal available.

Money market account and rates in Alpena, Michigan

Here are the money market account rates in Alpena, MI, as of 10:00 a.m.

Bank Institutions Intro Rate Intro Months Rate After Intro APY Min Bal Open Min Bal Avoid Fees Monthly Fees
Ally 0% 0 0.84% 0.84% $0 $0 $0
EverBank 0% 0 0.76% 0.76% $1,500 $5,000 $8.95
Independent Bank 0% 0 0.15% 0.15% $1 $1,000 $10
Citizens Bank 0% 0 0.1% 0.1% $50 $2,000 $12
PNC Bank, NA 0% 0 0.1% 0.1% $100 $1,000 $10

Calculate your money market account rate with our savings calculator.

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