If you're looking to invest some of the money in your savings account without taking a big risk, you might want to consider the money market. Money market accounts commonly have a higher yield than other interest-bearing savings accounts. They also allow for a limited number of monthly withdrawals, offering some liquidity. Find a money market account and rates in Ottumwa, IA, and start saving safely.
The average money market yield has crept up to 0.19 percent this week. While the average rate may be low, there are many institutions offering returns well above the national average. If you're looking for a money market account and rates in Ottumwa, IA, try out Bankrate's comparison tool.
Money market account and rates in Ottumwa, Iowa
Here are the money market account rates as of 2 p.m. in Ottumwa, IA.
|Bank Institutions||Intro Rate||Intro Months||Rate After Intro||APY||Min Bal Open||Min Bal Avoid Fees||Monthly Fees|
|South Ottumwa Savings Bank||0%||0||0.05%||0.05%||$5,000||$5,000||$10|
|Wells Fargo Bank||0%||0||0.05%||0.05%||$100||$3,500||$10|
Calculate your money market account rate with Bankrate.com's savings calculator today!