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Money market account and rates in Ann Arbor, Michigan

By Mitch Strohm · Bankrate.com
Tuesday, May 20, 2014
Posted: 3 pm ET

The average money market account rate is currently at 0.11 percent. Fortunately, there are some institutions offering better-than-average deals.

For example, you can find one institution in this survey that recently has been offering 0.85 percent, or just under three-fourths of a percentage point more than the national average. Use our research to shop for a money market account and rates in Ann Arbor, MI, today.

Money market accounts are insured up to $250,000 per depositor, making them a safe place to stash your cash. But before you decide on a bank, make sure to compare the fees and minimum required deposit for each account.

Our tools can help you find a money market account and rates in Ann Arbor, MI, and in other areas of Michigan.

Money market account and rates in Ann Arbor, Michigan

Here are the money market account rates in Ann Arbor, MI, as of 10 a.m. on Tuesday.

Bank Institution Intro Rate Intro Months Rate After Intro APY Min. Bal. Open Min. Bal. Avoid Fees Monthly Fees
Ally 0% 0 0.85% 0.85% $0 $0 $0
Flagstar Bank 0% 0 0.06% 0.06% $100 $1,000 $10
KeyBank, NA 0% 0 0.04% 0.04% $50 $5,000 $12
TCF Bank 0% 0 0.01% 0.01% $50 $1,500 $10
PNC Bank, NA 0% 0 0.04% 0.04% $50 $5,000 $12

Use our savings calculator to see how much you can earn with a money market account.

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