Highest yielding money market account rate in Nebraska

September 17, 2009 No Comments »

Below are the highest yielding money market account rates serving citizens of the state of Nebraska.

If you are strictly after the best interest rate then you have a variety of options that will provide you with similar yields. The question you need to ask yourself is, “what type of minimum balance can I keep?” Most money market accounts provide a given interest rate based on a certain account balance. The more money you are able to keep in these accounts, the higher the interest rate you will generally receive.

After sorting through dozens of interest rate tables belonging to banks and credit unions serving the state of Nebraska, we have found that in some instances you will lock in more competitive rates with national institutions rather than local ones (if you are eligible). Before committing to one of the banks/credit unions listed below, you may want to browse through our national money market rates tables.

Keep in mind, money market rates are time-sensitive in nature, therefor you may want to refer to the date of this article for accuracy. As with all money market accounts, the interest rates are variable and are subject to change without notice.

Top 2 MMA (money market account) rates in Nebraska:

(click on the institution for more information)

  • Tilden Bank: Tilden, NE. Money market account yielding 1.75% APY with a minimum balance of $10,000. This account is set up in tiers, however they do not disclose all of the rates associated with each tier. They do mention that a minimum balance of $2,500 must be maintained or else you will not only receive no interest rate you will also incur a $10.00 fee. As with MMA’s you are entitled to 6 withdrawals per month, only three of which can be made through personal check. The Tilden Bank is the oldest bank in Madison and Antelope Counties in Nebraska. James Stuart, a banker from Madison, and some of his associates from Madison established it in 1887. Today the have one location in Tilden and one in Creighton, Nebraska. Contact: (402) 358-3726
  • Kearny Federal Credit Union: Kearny, NE. Money market account yielding 1.56% APY with a minimum deposit of $5,000. Like most CU’s, you are entitled to the 6 withdrawals per month, 3 of which can be made from personal check. Kearny FCU, although having just one office, has dozens of ATMs and free partnering ATM’s throughout the state of Nebraska. They also offer a fairly wide range of loan products, (home, personal, auto) as well as many traditional savings products such as CD (certificates of deposit), money market accounts, and interest checking accounts. They are a member-owned, not-for-profit organizon who claims to pass their savings down to the consumers in the form of lower loan rates and greater savings rates. Contact: (308) 234-9311

Both of the above institutions are federally insured by either the FDIC or NCUA. If you live in Nebraska and know of a better money market rate offered through your local institution, please share by leaving a comment.

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