Empire State Online Banking System October 2012
Inside this Empire State Online Banking System October, 2012 review, will be information about the money market account being offered by this financial institution. With this relevant information, you can then decide if investing your money with them is right for your financial future.
The MMA rates from Empire State Bank are set up in a tiered format. The minimum balances levels include $0.01, $2,500, $25,000, $50,000 and $100,000. The corresponding APYs are 0.20%, 0.25%, 0.40%, 0.40% and 0.50%.
To avoid the monthly service fee of $15.00, you must maintain a balance of $2,500 in the account at all times. The interest for the MMA is compounded daily but not accredited to the account until the end of the month.
With all MMA accounts, the customer will have free access to the Empire State electronic banking services. Like what most other online banks offer, this service makes it possible for customers to view their account balance and recent transactional history.
You will also have limited access to the electronic money management services from Empire State Bank. This includes the online bill paying program. With this program you can literally pay anyone in America, any amount you have on deposit. The limitation is 6 withdraws or payments per month as set by US federal regulations.
The Empire State Bank also does not charge a fee to its customers when another bank’s ATNM is used to withdraw funds.
All of the Empire State Bank rates were posted on October 21, 2012, but are subject to change without any prior notice.
For additional resources involving financial help, please view SunTrust Online Banking System October 2012 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 Empire State Bank CD rates, please visit Best CD rates today.