Personal
A Money Market account from GRB offers interest earnings, funds access – and, most importantly, security.
Strategize and Manage Your Your Financial Goals
A GRB Money Market Account (MMA) offers a higher interest rate than regular savings accounts while still providing liquidity and stability. MMAs are considered low-risk investments and are often used by both individuals and businesses seeking a safe place to park their cash reserves.
Unlike certificates of deposit (CDs) which have fixed terms, money market accounts allow limited withdrawals and transfers each month, providing access to funds while still maintaining the security of a savings account.
GRB’s MMAs are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor per institution, providing an additional layer of confidence.
Overall, money market accounts serve as a convenient and secure option for individuals looking to earn a modest return on their cash reserves while maintaining easy access to their funds.
Reach out to a GRB Relationship Banker to discuss the balances you plan to keep in your savings account and what your financial goals and timeline are so you can decide on an effective savings strategy.
Current Money Market Rates
Average Monthly Balance |
Interest Rate |
APY1 |
Min. Balance to Obtain APY |
---|---|---|---|
Average Monthly Balance
$2,500 – $24,999.99
|
Interest Rate
|
APY1
|
Min. Balance to Obtain APY
|
Average Monthly Balance
$25,000 – $49,999.99
|
Interest Rate
|
APY1
|
Min. Balance to Obtain APY
|
Average Monthly Balance
$50,000 – $99,999.99
|
Interest Rate
|
APY1
|
Min. Balance to Obtain APY
|
Average Monthly Balance
$100,000 – $4,999,999.99
|
Interest Rate
|
APY1
|
Min. Balance to Obtain APY
|
Average Monthly Balance
$5,000,000+
|
Interest Rate
|
APY1
|
Min. Balance to Obtain APY
|
1 Annual Percentage Yield (APY) offered is accurate as of 9/25/2024. Fees could reduce earnings on the account. Rates and terms may change without notice after account opening. $2,500 is the minimum to open a regular Money Market account.
Get The Account That Supports Your Financial Goals
At GRB, we offer a range of savings accounts because we understand that banking isn’t one-size-fits-all and neither are your financial plans and goals.
By comparing all GRB savings account options, you can be sure your take a progressive step in your financial planning and strategy. If you need additional assistance, reach out to our Relationship Banking team.
Visit The GRB
Resource Center
Manage your bank accounts effectively and efficiently by exploring our online resources. Gain knowledge about fraud protection, financial tools, and industry updates.
Contact Us Today
Use the dropdown below to fill out our ‘Contact Us’ form, and a GRB Relationship Banker will be in touch with additional account information!