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Money market accounts in Newark, New Jersey

By Mitch Strohm · Bankrate.com
Tuesday, June 14, 2011
Posted: 1 pm ET

A money market account can provide you with a yield that's better than interest-bearing checking and savings accounts. If you're looking for a money market accounts in Newark, NJ, our rates survey can help you locate a suitable yield.

Insured by the FDIC up to $250,000 per depositor, money market accounts are popular for long-term savings. Search for a satisfactory money market accounts in Newark, NJ, and in your area of New Jersey before settling on a banking institution.

Money market accounts in Newark, NJ

Here are the money market account rates in Newark, NJ, 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 1.03% 1.04% $0 $0 $0
Flagstar Direct 0% 0 1.10% 1.11% $1 $0 $0
City National Bank of New Jersey 0% 0 0.20% 0.20% $1,500 $1,500 $10
Sovereign Bank 0% 0 0.20% 0.20% $10 $1,000 $10
PNC Bank 0% 0 0.10% 0.10% $100 $1,000 $10

Some consumers just don't trust a financial services company. But if you trust yourself, try DIY investing.

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