The beginning / ending of an economic year is the best time to evaluate your financial holdings. In the beginning of an economic year you plan, evaluate and invest in seemingly lucrative schemes. The real benefit and financial return is actually revealed at the end of the year. The rising figures reflect a positive growth and vice-versa. From the perspective of growth and high returns Money Market Accounts have been considered as a good investment option. While providing high interest rates your funds remain liquid. You can access your funds at any time you need them during the term of deposit. Rainier Pacific Bank provides a variety of Money Market Accounts with no minimum deposit requirement.
Explained below are the interest rates as offered on different Money Market Account types:
Investors Money Market:
Minimum Balance up to $15,000 earns 0.2500% interest, 0.2500% APY.
Minimum Balance of $25,000 earns 2.1300% interest, 2.1500% APY.
Minimum Balance of $50,000 earns 2.2300% interest, 2.2500% APY.
Minimum Balance of $75,000 earns 2.2800% interest, 2.3000% APY.
Investors Money Market Package:
Minimum Balance up to $15,000 earns 0.5000% interest, 0.5000% APY.
Minimum Balance of $25,000 earns 2.1300% interest, 2.1500% APY.
Minimum Balance of $50,000 earns 2.2800% interest, 2.3000% APY.
Minimum Balance of $75,000 earns 2.3300% interest, 2.3600% APY.
Money Market:
Earns 0.3500% interest, 0.3500% APY with Minimum Balance of $2,500.It provides High yield return, immediate liquidity, and check access to your funds.
Money Market Plus:
Minimum Balance of $15,000 earns 1.4900% interest, 1.5000% APY.
Premier Money Market:
Minimum Balance of $25,000 is required to earn 2.0800% interest, 2.1000% APY.
Premier Plus Money Market:
Earns 2.1300% interest, 2.1500% APY with Minimum Balance of $30,000.
Paramount Money Market:
Earns 3.0600% interest, 3.1000% APY with Minimum Balance of $50,000.
Super Money Market:
Minimum Balance of $75,000 is required to earn 2.1800% interest, 2.2000% APY.
Common Features of different Money Market Account types:
@ Listed Minimum Balances need to be maintained to avoid $25.00 monthly fee.
@ Your funds are FDIC insured.
@ All the above noted rates are accurate as of 07/30/2008.
Rainier Pacific has seen a tremendous growth over the years. Since its beginning in 1932 it has continued to rise. You too can benefit from its products and services. To discuss your options visit one of their branches or call at (253) 926-4000 or toll-free (800) 228-2858 (Monday – Friday 7:00 am to 7:00 pm, Saturday 9:00 am to 3:00 pm).
Savings Account & MMA Rates
CD (Certificate of Deposit) Rates
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