Money market accounts haven't been a favorite in terms of yields among savers lately. The average rate has been at 0.12 percent for the last few months. But that hasn't stopped some institutions from posting higher rates. Use our rates survey to find a money market account and rates in Watertown, NY, and in other areas of New York.
MMAs may not be yielding much right now, but they are safe accounts. They get insured by the FDIC up to $250,000 per depositor at banks. At credit unions, they are insured by the NCUA up the same amount. Use our research to find a money market account and rates in Watertown, NY.
Money market account and rates in Watertown, New York
Here are the money market account rates in Watertown, NY, 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|
|Community Bank, N.A.||0%||0||0.05%||0.05%||$1,000||$1,000||$5|
Calculate your money market account rate with our savings calculator.