No ups and downs. Just steady growth.
- No monthly service fee.
- No minimum amount to open.
- No minimum balance required.
- Earn interest on balances of $1,000 or more.1
- Tiered interest rates mean bigger balances can earn better returns.
- Fast access to funds through checks, debit card, eBanking, Mobile Banking and at AbbyBank branches.
- FDIC insured up to FDIC limits.
Multi-Million Dollar FDIC Insurance Coverage
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Contact your friendly AbbyBank Personal Banker to discuss your Money Market account options. The bank will need to verify your identity. We will ask for your name, address, phone number, and Social Security number, as well as your birthdate, driver’s license or picture ID and employer. We verify this information though credit reporting agencies.
Your credit score may be a factor in determining how you would handle a checking account. A personal banker can explain the process and assist you in determining if a money market account, including the need to order checks and a debit card, is right for you. We can also help you download AbbyBank’s mobile banking app, so that you can keep track of your deposit account funds on the go!
It is a cross between a Savings account and a Checking account. A Money Market works similar to a Checking account by offering check writing and debit card capabilities but allows you to earn more interest like a Savings account or a Certificate of Deposit (CD) on higher balances. A Money Market account is FDIC insured and carries a lower financial risk than the stock market.
With our online banking and mobile banking app you can view, deposit to, or pay bills from your Money Market account at any time.2 Reviewing your specific needs, will determine if a Money Market account is the right option for you. Reach out to one of our Personal Bankers for questions and assistance in starting your new bank account.