Provident Bank Money Market Account Rates

Provident Bank aims to exceed its customers expectations in terms of providing the best financial products and personalized customer service. It wants to become the primary bank of choice for individuals, families and the small businesses. It was established in 1886 and has been providing financial services through wholly owned subsidiaries. Its headquarters are in Maryland with a network of 150 branches.

The rate of returns on Money Market Accounts are amazing. You will be tempted to invest your savings.

Platinum Reserve Money Market:
You can open your account with $25,000 and earn the below rates:

A balance of $0 - $24,999.99 earns 0.00% interest, 0.00% APY.
A balance of $25,000 - $99,999.99 earns 1.69% interest, 1.70% APY.
A balance of $100,000+ earns 1.93% interest, 1.95% APY.
*The above rates have been noted as on June 20, 2008.

Premium Money Market:
You can open your account with $1,000 and earn the below rates:

A balance under $5,000 earns 0.70% interest, 0.70% APY.
A balance of $5,000 - $9,999.99 earns 0.80% interest, 0.80% APY.
A balance of $10,000 - $19,999.99 earns 1.14% interest, 1.15% APY.
A balance of $20,000 - $49,999.99 earns 1.34% interest, 1.35% APY.
A balance of $50,000+ earns 1.49% interest, 1.50% APY.
*The above rates have been noted as on June 20, 2008.

You may open your account via their website http://web.provbank.com.

In case of any queries you may call Monday - Friday, 8:00 a.m. - 8:00 p.m. EST at 1-888-TOP-BANK (1-888-867-2265).