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Re: Best Business Money Market Rates Apr 3, 2008 4:59 AM
Bankpig.com Rate Roundup for liquid, FDIC-insured,
Best Business Money Market and High-Yield Savings Accounts at national and regional banks:
- West Bank = 4.07% APY (ID)
- WaMu = 4.04% APY (CA)
- Compass Bank = 3.85% APY (AZ)
- Union Bank of California = 3.53% APY (CA)
- Regions Bank = 3.25% APY (FL)
- Guaranty Bank = 3.25% APY (TX)
- Hudson City Savings Bank = 3.25% APY (NJ)
- Home Federal Bank = 3.20% APY (ID)
- ING Direct = 3.15% APY (Internet)*
- PNC = 3.04% APY (NJ)
- Zions Bank = 3.00% APY (UT)
- CapitalOne = 3.00% APY (NY)
- AmTrust Bank = 3.00% (FL)
- Bank of the West = 3.00% APY (CO)
- Bank of America = 2.75% APY (CA)
- Colonial = 2.75% (GA)
- Wachovia = 2.70% APY (CA)
- LaSalle = 2.70% APY (IL)
- Harris = 2.65% APY (IL)
- CalNational = 2.65% APY (CA)*
- Charter One Bank = 2.60% APY (IL)
- Astoria Federal Savings = 2.50% APY (NY)
- Washington Federal S&L = 2.50% APY (WA)
- Chase = 2.50% APY (NY)
- Commerce Bank = 2.50% APY (NY)
- Banner Bank = 2.50% (WA)
- TCF Bank = 2.50% APY (IL)
- Wells Fargo = 2.40% APY (CA)
- Northern Trust = 2.40% APY (APY)
- Bank of North Georgia = 2.25% (GA)
- TD Banknorth = 2.25% APY (NY)
- HSBC = 2.25% APY (NY)
- Citibank = 2.25% APY (CA)
- KeyBank = 2.20% APY (OR)
- BankAtlantic = 2.15% (FL)
- U.S. Bank = 2.10% APY (CA)
- FNB of Arizona = 2.05% APY (AZ)
- Comerica = 2.00% (TX)
- Fifth Third = 2.00% APY (IL)
- Nevada State Bank = 2.00% APY (NV)
- First Midwest Bancorp = 2.00% APY (IL)
- Sovereign Bank = 1.99% APY (NJ)
- M&I Bank = 1.67% APY (AZ)
- BB&T = 1.60% (GA)
- SunTrust Bank = 1.25% APY (FL, GA)
- NY Community = 1.25% APY (NY)
- North Shore B&T = 1.00% APY (IL)
As of March 28, 2007. Please note that most banks have APY breakpoints that vary according to the deposited balance; the higher the balance, the higher the rate. For this comparison, bankpig selected the highest rates which usually require a balance upward $100,000. Rates may also vary slightly, state-to-state. The best business money market rates are generally reserved for "new money", not balances already deposited. Many institutions have two APYs: one for customers and one for prospective customers. Bankpig's Rate Roundup is based on information collected online and by phone. Information is not guaranteed accurate.
