Sometimes locking away funds just isn’t feasible. A money market earns you savings rates while retaining access to your money.
Key Features
-
Tiered Interest
-
Direct Check Writing Ability
-
Free Digital Banking
All Personal Money Market Deposit Accounts (MMDA) include:
- Competitive interest rates
- Direct check writing ability
- 6 pre-authorized transfers (including checks) per month
- Free digital banking
- Free ATM card
| Personal MMDA | Premier MMDA1 |
|---|---|
| Apply Now | Apply Now |
| Description | |
| A standard money market deposit account that offers competitive interest rates and a low minimum balance requirement. | A high yield money market deposit account that pays higher rates on higher balances when opened with funds not currently on deposit with Pathfinder Bank. |
| Minimum Deposit Amount | |
| Must deposit $2,500 to open this account and to accrue interest. | $20, if minimum daily balance falls below $2,500 any day during the month |
| Monthly Maintenance Fee | |
| $10, if minimum daily balance falls below $2,500 any day during the month | $20, if minimum daily balance falls below $2,500 any day during the month |
| Personal MMDA Rates | Premier MMDA Rates | ||||
|---|---|---|---|---|---|
| Tiers | Rate | APY* | Tiers | Rate | APY* |
| $2,500 to $9,999 | 0.10% | 0.10% | $2,500 to $24,999 | 0.995% | 1.00% |
| $10,000 to $49,999 | 0.15% | 0.15% | $25,000 to $49,999 | 1.98% | 2.00% |
| $50,000 to $74,999 | 0.20% | 0.20% | $50,000 to $249,999 | 3.93% | 4.00% |
| $75,000 and over | 0.25% | 0.25% | $250,00 and over | 4.07% | 4.15% |
*APY=Annual Percentage Yield. Rates accurate as of 3/6/24.
1Requires a minimum opening deposit of at least $25,000 in new money not currently on deposit with Pathfinder Bank. A maintenance fee will be applied each statement cycle if the daily balance falls below $2,500.00 on any given day during that cycle. Rates are subject to change at any time without notice before or after account opening.