Corridor State Online Banking System November 2012

From the Heart Land comes this Corridor State Online Banking System November, 2012 review. This is an update on the latest information about the money market accounts this financial institution has to offer the general public. With this information you can then deiced if investing your money with them fits into your financial future.

There are two money market accounts available from Corridor State Bank. The Growth Money Market Account rates are set up in a tiered format. The minimum balance amounts are under $5,000, $5,000, $25,000, $100,000 and $250,000. The corresponding APYs are 0.15%, 0.25%, 0.50%, 0.75% and 0.90%.

A minimum deposit of $5,000 is required to open this account. To avoid the monthly service fee of $10 plus tax a balance of $5,000 must be maintained in the account at all times.

The other MMA is the High Yield Money Market account which has MMA rates set up in a tiered format. The minimum balance amounts are $5,000, $25,000, $100,000 and $250,000. The corresponding APYs are 0.60%, 0.75%, 0.85% and 1.11%.

A minimum deposit of $5,000 is required to open this account. To avoid the monthly service fee of $10 plus tax a balance of $5,000 must be maintained in the account at all times.

Both of these accounts offer free Corridor State electronic banking services. This is similar to what other online banks are offering. You will also have limited access to the electronic money management programs from Corridor State Bank. This will include the online bill paying program. The limitation is that only 6 payments or withdraws are permitted each month as set by US federal regulations. If you exceed thins amount, your account will be assessed a penalty fee.

The Corridor State Bank rates were posted on October 1, 2012 but were still current for the month of November. All CD rates are subject to change without any prior notice.

For additional resources involving financial help, please view National Republic Bank of Chicago CD Rates November 2012 Review on this website.

We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name.  Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.

For up to the date information on the Corridor State Bank CD rates please visit Best CD rates today.

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