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Money market accounts in New York City, New York

By Mitch Strohm · Bankrate.com
Monday, June 6, 2011
Posted: 3 pm ET

Found at banks or credit unions, a money market account can offer a better return than many other interest-bearing savings accounts. They are insured by the FDIC or NCUA up to $250,000 per depositor, making them a safe place to keep savings. Locating decent money market accounts in New York City, NY, isn’t always the easiest thing to do, but our research can help you locate a decent yield in your area of New York.

If you're looking for a place to keep long-term savings, you might want to consider money market accounts in New York City, NY. The money market is also a good place to keep your savings while locating future investments.

Money market account and rates in New York City, NY

Here are the money market account rates in New York City, NY, as of 2 p.m.

Bank Institutions Intro Rate Intro Months Rate After Intro APY Min Bal Open Min Bal Avoid Fees Monthly Fees
Ally 0% 0 1% 1% $0 $0 $0
Flagstar Direct 0% 0 1.10% 1.11% $1 $0 $0
Queens County Savings Bank 0% 0 0.20% 0.20% $2,500 $2,500 $10
Sovereign Bank 0% 0 0.20% 0.20% $10 $1,000 $10
Citibank 0% 0 0.10% 0.10% $100 $1,500 $9.50

Calculate your money market account rate with our savings calculator.

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