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SearchHarvest Money Market
Your money should be working as hard as you do!
A Harvest Money Market account from National Iron Bank is the perfect solution for businesses with high checking account balances. Now you can put that money to work for you, earning interest. Unlike a CD with a set term, you have a limited number of withdrawals you can make each month so your funds are there when you need them.
Features Content
- Make internal and external transfers from Online Banking
- View and manage your account from the National Iron Bank mobile app
- FDIC insured up to $250,000
- eStatements
Account Requirements Content
- $25,000 minimum to open and earn interest
- Must be opened funds not currently on deposit with National Iron Bank
Current Rates Content
Effective Date: Saturday, September 23, 2023
| Product | Balance Tiers | Annual Percentage Yield (APY) | Simple Interest Rate | Compounding Frequency |
|---|---|---|---|---|
| Harvest Money Market | $0.00 - $24,999.99 | 0.00% | 0.00% | Monthly |
| $25,000.00 or more | 0.10% | 0.10% |
Your interest rate and annual percentage yield may change. The minimum available balance to earn interest is $25,000. This new money offer is available for funds not currently on deposit at National Iron Bank. Interest is compounded monthly and credited at the end of each month. Money Market transaction limitations: transfers from a Money Market account to another account or to third parties by preauthorized, automatic, or telephone transfer, check, draft, or similar order are limited to six per statement cycle, penalties may apply if limits are exceeded. Fees may reduce earnings.
Rates Subject to Change Daily
For Current Rates Please Call Your Local Branch
Cornwall 860-672-6623, Norfolk 860-542-5541, Salisbury 860-435-2581, Washington 860-868-0591
1 Your interest rate and annual percentage yield may change. The minimum to open this account and earn interest is $25,000. This new money offer is available for funds not currently on deposit at National Iron Bank. Interest is compounded monthly and credited at the end of each month. Money Market transaction limitations: transfers from a Money Market account to another account or to third parties by preauthorized, automatic, telephone or online transfer, check, graft or similar order are limited to six per statement cycle. Penalty for exceeding six pre-authorized withdrawals or three checks per statement period. Fees may reduce earnings.