 |
You want to achieve your savings goal with a no risk investment that pays a higher
interest rate and offers access by check.
| What it offers: |
|
- Earns a variable tiered interest rate; compounded monthly and credited monthly -
the higher your balance, the more you earn
- Check writing privileges
- Transfers to another account or to third parties by preauthorized,
automatic, or telephone transfer are limited to 6 per statement cycle (no more
than 3 checks can be made to a third party)
- Monthly statement
- Only available to Massachusetts residents
|
|
| What it costs: |
|
- $8 monthly fee
- $10 fee for each check, draft, debit card or online banking transaction to a third party in excess of 3 per statement cycle
- $2,500 minimum to open
|
| How to waive the monthly fee: |
|
$2,500 minimum daily balance |
| Money Market Account as of
May 7, 2008 |
| |
Minimum to open $2,500 |
| |
| Balances From |
To |
Interest Rate* |
Annual Percentage
Yield (APY)* |
| $10.00 |
$2,499.99 |
0.25% |
0.25% |
| $2,500.00 |
$24,999.99 |
1.74% |
1.75% |
| $25,000.00 |
$49,999.99 |
1.98% |
2.00% |
| $50,000.00 |
$99,999.99 |
2.37% |
2.40% |
| $100,000.00 |
$249,999.99 |
2.57% |
2.60% |
| $250,000.00 |
Over |
2.76% |
2.80% |
*Rate may change after
account opening.
*Fees may reduce earnings and are subject to change without notice.
|
|
If you have any questions about East Boston Savings Bank's deposit products or services, please contact our Call Center at
(800) 657-EBSB, or click "Contact Us" to e-mail Deposit Operations.
|
Equal Housing Lender.