For 10 straight weeks the average money market account rate has remained at 0.12 percent. And chances are it won't be moving up much anytime soon. The Fed is keeping a hold on rates. But there are still some institutions going against the grain and offering better-than-average yields. You can use our rates survey to find a money market account and rates in Edisto, SC, and in other areas of South Carolina.
MMAs are insured up to $250,000 per depositor per bank by the FDIC. At credit unions, your money is insured by the NCUA. Because they are fairly liquid, these accounts can be a good place to keep your savings while you're looking for more lucrative investments. Use our research to find a money market account and rates in Edisto, SC.
Money market account and rates in Edisto, South Carolina
Here are the money market account rates in Edisto, SC, as of 10:00 a.m. on Friday.
|Bank Institutions||Intro Rate||Intro Months||Rate After Intro||APY||Min Bal Open||Min Bal Avoid Fees||Monthly Fees|
|Mutual of Omaha Bank||0%||0||0.85%||0.85%||$5,000||$5,000||$0|
|First FS&LA of Charleston||0%||0||0.15%||0.15%||$1,000||$1,000||$10|
|Bank of America||0%||0||0.05%||0.05%||$2,500||$2,500||$12|
Calculate your money market account rate with our savings calculator.