When opening a money market savings account an individual wants to know that they will benefit from a high money market interest rate, a rate that will provide them with generous returns on their balance. UFB Direct does just that, offering 1.25% APY on all balances up to $250,000.
With as little as $5,000 you can open a money market savings account with UFB Direct and take advantage of this great rate. In addition to earning 1.25% APY on all balances up to $250,000 UFB Direct offers an even more attractive incentive, they compound interest daily, meaning even greater returns for money market savings account holders.
For those account holders with more than $250,000 in savings UFB Direct, a division of the publicly traded BofI Federal Bank (NASDAQ: BOFI), maintains the 1.25% interest rate up to that point and then applies 0.25% on everything above that level.
Not only does UFB Direct provide customers the opportunity to open a money market savings account and take advantage of a favorable interest rate, they also deliver a number of other benefits that include the ability to deposit checks instantly from the comfort of your home or office with MyDeposit; free FinanceWorks software that enables you to track all of your financial accounts, even those at other institutions, all from your UFB Direct Online Banking; access to free online banking with Bill Pay (limited), free mobile banking, email and text messaging alerts; the opportunity to complete online transfers between your UFB Direct accounts; and many more.
Open a money market account with UFB Direct today and take advantage of a great rate and excellent customer service.
