The Federal Reserve has made a promise to keep interest rates low until at least the middle of 2013 in order to stimulate the economy. And you can see signs of their promise in money market account yields. The national average money market account rate is currently 0.13 percent, but there are still some better rates out there. Look for a money market account and rates in Orem, UT, and in other areas of Utah, to find the best rates available.
Money market accounts are a good place to keep your emergency savings fund. They are also insured by the FDIC up to $250,000 per depositor per bank, making them a safe investment. Shop around thoroughly for a money market account rates in Orem, UT, in order to find the best deal.
Money market account and rates in Orem, Utah
Here are the money market account rates in Orem, UT, 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|
|Bank of American Fork||0%||0||0.15%||0.15%||$1,000||$1,000||$8|
Calculate your money market account rate with our savings calculator.