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References in periodicals archive ?
Q: We have $75,000 in a money market account for emergencies, like a layoff.
The firm said, 'CIT is pleased to expand its portfolio with the addition of this new Money Market account. This new product reflects our efforts to grow our direct bank and provide consumers a broader range of savings solutions.'
Don't confuse a money market account with a money market fund.
If you are looking at opening a money market account, please consider the following:
The rate will revert to its high yield Money Market Account which is currently at 4.5% APY at the end of the promotion, 90 days after a new account is opened.
With low minimum opening deposits ($1,000 for a CD and $500 for a Money Market Account), a variety of CD terms from 6 to 60 months, and the safety of FDIC Insurance up to $100,000 per depositor, you can find the saving options that are right for you and your budget.
Some plans calculate earnings using the rate of return for a money market account, rather than the rate of return for the participant's self-directed account when they make corrections to the plan for exceeding the maximum contribution and deferral limits.
So here's a refresher course: An 8 percent return on investment is more than four times what you can earn in a money market account. No, it does not compare with the returns investors used to routinely get from their positions in Cisco and back in 1996-99, but those days are long gone.
Additionally, Membership B@nking customers will receive a 0.25 percentage point discount on the interest rate of their auto loan when they open a qualified, funded interest checking or money market account and use it to make payments on the loan.
Clustering may occur at brokerage companies, and the products involved are IRAs and Keogh accounts, brokerage services, and, less frequently, a money market account.
PASADENA, Calif: CIT Bank launched a new Money Market account adding to its suite of online savings products.
CIT Bank, CIT Group's (NYSE: CIT) online bank, has said that it has launched a new Money Market account, expanding its online savings product portfolio.