Provident Direct Money Market Account Rates

Provident Direct is an online division of Provident Bank. Provident Bank is the largest independent commercial bank with over $6.2 billion in its assets. It serves individuals in Greater Baltimore, Greater Washington and Central Virginia through a network of more than 140 branches. In an effort to cater to a larger audience it has planned to establish its online subsidiary of Provident Direct. Provident Direct offers High Yield Savings Account, CDs, and Home Equity Loans. It enables its customers to meet their financial goals.

The Money Market Account can earn a good interest on your investment. Below explained are the interest rates as offered on different Money Market Account types:

Express Money Market:

Balance of $0 – $24,999 earns 2.38% interest, 0.00% APY
Balance of $25,000 – $99,999 earns 2.62% interest, 0.00% APY
Balance of $100,000 – $999,999,999 earns 2.87% interest, 0.00% APY

Express Money Market Promo:

Balance of $0 – $24,999 earns 3.45% interest, 3.50% APY
Balance of $25,000 – $99,999 earns 3.45% interest, 3.50% APY
Balance of $100,000 – $999,999,999 earns 3.45% interest, 3.50% APY
*Rates are accurate as of 07/12/2008.
**The above rates have been noted for the Zip Code 91108, San Marino, CA. You may fill in your code to get your rates.

Common features of different Money Market Account types:
@ The convenience of check writing and online banking without service fees or minimum balance is offered.
@ 24/7 availability of online banking with free bill payment, funds transfers and balance inquiries.
@ Telephone banking is available for 24-hours.
@ Deposits and withdrawals can be made with different options:
Visa Debit Card – is accepted worldwide to make purchases easy without checks.
Free ATM Access – offers Unlimited access to over 32,000 ATMs in the Flagstar, Allpoint® and Presto!® networks in all 50 states,absolutely free of fees.
@ Free of cost incoming domestic wire transfers to your money market account.
@ Your funds are FDIC insured.
@ For more information call (800) 642-0039.

Provident Bank has what it takes to become the customers trusted choice. It is the best option for people who have shortage of time.