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Wachovia Bank Money Market Account Rates

The former Wachovia and First Union merged on 1st September 2001 to create Wachovia Corporation. As of June 30, 2008 it had $812.4 billion in its assets and $447.8 billion as total deposits. It has reached an amazing landmark of becoming the fourth largest bank holding company in the United States based on assets and third largest U.S. full-service brokerage firm based on financial advisors. It provides complete banking, retail brokerage, asset management, wealth management services and customized innovative products for individual customers.

In case you want to make a saving for future purchase or accumulate funds for your retirement, then Money Market Account is the right choice for you. A minimum balance of $10,000 is required to earn the following APY:

A balance of $0.00-$4,999.00 earns 0.04% interest, 0.04% APY.
A balance of $5,000.00-$9,999.00 earns 0.10% interest, 0.10% APY.
A balance of $10,000.00+ earns 3.68% interest, 3.75% APY.

Features:
@ APYs are accurate as of 08/08/2008 and are applicable for the Zip Code 91108. To check for your region you may visit the site.
@ This offer is valid for personal accounts only.
@ Free transer of funds to your Wachovia account and charges of $3-$10 charged for non-Wachovia account transfer.
@ You can make unlimited deposits and in-person or ATM transactions.
@ Your funds are FDIC insured.

Fee Applicable:
Monthly service fee charged for balance below ($2,500): $10
Overdraft Protection Transfer, Deposit Accounts: $10
Additional transfers to the six pre-authorized transfers per month: $15
Online Funds Transfer—Incoming: No Charge
Online Funds Transfer to Non-Wachovia accounts—Outgoing: $3

Initial Deposit Requirement:
Minimum Initial Online Deposit Required to Open Account: $1,000
Maximum Initial Online Deposit to Open Account: $75,000

You can save big with this opportunity. You can enjoy online banking and get 24 hour access to your account via online, phone, or by ATM. In case of any queries you may contact Alice Lehman (Managing Director of Investor Relations) at (704) 374-2137 or for toll-free banking call (800) 922-4684.

Comments (7)
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  1. GODWIN said:
    on September 12th at 10:30 am

    My Names are Nwauzor Godwin from Nigeria.Equally a student of University of Nigeria Nsukka,faculty of bus Administration,department of Management.Is it possible for me to still be a member/shareholder? Can i buy shares at this rate> &.20 per unit in dollars, is it possible?.my email> fractreal@yahoo.com or phone call> +234-8035340361.thanks God Bless.

  2. 716-827-8121 said:
    on February 6th at 02:52 pm

    Can i get an up to date rate,as of 2/6/09

  3. sandra said:
    on March 7th at 11:11 pm

    Sandra said: ON March 7th 10:02 PM

    I am from WISCONSIN and I would like to know about online transfers and do you have to pay a fee to transfer from another country. How much do you have to deposit in an account of new customers. I would like to discuss this in private. Thank You. I can not call you by phone, I am Deaf only communicate by emails. sadrina54@yahoo.com. May God Bless and Keep You.

  4. Sharlene Van Hooser said:
    on July 1st at 04:16 pm

    Why are rate quotes for last year? You need to update this page.

  5. william judd said:
    on August 11th at 11:46 am

    How do I enter this MM account. Would like to deposit $5000 initiately. Is it FDIC insured? What is 08/10/09 MM rate?

  6. B. Hunter said:
    on August 16th at 08:35 pm

    How reliable can I presume a bank is that has not yet been rated? The name is Progress Bank in Florida.

  7. Wendy said:
    on November 19th at 01:48 pm

    Just to let you know…this rate is now only .50%. You need to be more diligent about keeping the rates up to date.