Countrywide Bank Money Market Savings Account (MMSA) Rates

In case you have a big sum of money which you can easily invest then you should consider Money Market Savings Account. A money market account with Countrywide Bank will fetch you a higher rate of interest. It has the flexibility and liquidity of a checking account. While earning interest on your investment, you enjoy a full access to your cash. It can prove to be the best way for multiplying your hard earned money.

You can open a money market savings account with a minimum balance of $1,000. Below given is a brief explanation of the interest rates as offered on different amounts:
- For balances varying between $0 - $9,999 you earn an interest rate of 2.71% with 2.75% APY.
- For balances varying between $10,000 - $49,999 you earn an interest rate of 3.19% with 3.25% APY.
- For balances varying between $50,000 - $99,999 you earn an interest rate of 3.44% with 3.50% APY.
- For balances varying between $100,000 - $2,499,999 you earn an interest rate of 3.44% with 3.50% APY.
- For balances of $2,500,000 and above you earn an interest rate of 2.95% with 3.00% APY.

# The above quoted rates are applicable to accounts opened via the internet only. For local Financial Center and Call Center rates you may enter your zip code at this page and get the information: https://bank.countrywide.com/CWBRates.aspx?tab=mm
# These interest rates and APYs are effective as on Saturday, May 10, 2008 at 8:30 AM EST.
# These rates pertain to consumer accounts only.
# The rates are compounded on a daily basis.
# The minimum average monthly balance to avoid monthly service charges is $1,000 for consumers.

Benefits of Money Market Accounts:
- Monthly statements are sent by mail.
- You can go for unlimited deposits as many as you want.
- The start up supply of checks is free.
- You can utilize an ATM for making unlimited withdrawals upto the maximum daily amount. In addition you can conduct up to six other types of withdrawals or transfers on a monthly basis, three of which may be by check
- Your deposits are insured to the regulatory maximum by the FDIC.

Any additional information can be obtained by calling their Customer Care Center at 1-877-292-2655, toll free: 1-800-214-8704 or by visiting their website: www.countrywidebank.com.

Countrywide Bank has been providing various financial products and excellent customer service. It has gained the repute to become the ultimate investment and financial services provider. It has helped millions of American families to realize their dreams. Now you can also apply for its membership and become their fulfilled member.