What attracts people to open a money market account is the returns that such an account can produce and those returns are based on the interest rate that the bank provides. Of course not all banks provide their customers with the same rate so it is important that before you open a money market account you find the most favorable rate.
At UFB Direct, a division of BofI Federal Bank, an FDIC insured financial institution established in 2000, customers can open a money market savings account and get 1.30% APY. As an added benefit to this high money market interest rate, UFB Direct compounds interest daily, meaning bigger returns.
UFB Direct doesn’t just provide a great interest rate for money market account holders; they also provide a number of other benefits.
Among these benefits are 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.
To open a money market account with UFB Direct and take advantage of all the benefits available visit www.ufbdirect.com
