bank rates

Affinity Bank Also Offers Top MMA Rates

On Thursday, we told you about a good local deal on CD rates at Affinity Bank in Atlanta.

Earn 1.40% APY on balances of more than $250,000The single-office bank also offers a money market account for Georgia residents that beats the top nationally available deal.

You can earn its highest rate — 1.40% — with a balance of $250,000 or more.

But even more modest balance of $25,000-$99,000 will earn you a rate of 1.30% APY.

That beats the top nationally available deal of 1.25% APY offered by Hudson City Savings Bank and AmTrust Bank.

At Affinity, a balance between $2,500 and $9,999 will earn 1.11%. That rate increases to 1.20% for balances between $10,000 and $24,999.

The account requires a $2,500 minimum opening deposit. A monthly $10 service fee is waived if you keep your balance above $2,500.

You can open an Affinity Bank account online, over the phone or in person at its one office, which is located on New Northside Drive NW – just off Interstate 285 at exit 22.

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  1. Kathy at Bankaholic said:
    on May 23rd at 08:05 am

    Affinity’s money market rate for balances of $25,000-$99,999 has dropped to 1.20% APY, and its rate for balances of $2,500-$9,999 is 1.10% APY, as of May 23, 2011.