Access, Insurance and a Great Rate!
Money Market Accounts (MMAs) provide great returns but also offer the advantages of high liquidity and easy access to your funds. That’s because they are insured in full by the Federal Deposit Insurance Corporation (FDIC) up to $250,000, and by the Depositors Insurance Fund (DIF) for funds in excess of $250,000—so your whole deposit relationship is one-hundred-percent insured.
This account pays you higher money market interest rates each time your balance grows to a pre-established, higher-valued “tier.” Coastal Heritage Bank’s Money Market Account makes a lot of sense for people who want a viable, practical alternative to low-interest savings accounts.