Below are the highest yielding money market account rates serving citizens of the state of Oklahoma.
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 Oklahoma, we have found that in some instances you may be able to lock in more competitive rates with national institutions rather than local ones. Before committing to one of the banks/credit unions listed below, you may want to browse through our archive of money market accounts.
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 money market rates in Oklahoma:
(click on the institution for more information)
- Washita State Bank: Burns Flat, OK. Money market account yielding 1.76% APY with a minimum balance of $10,000. Washita Is a very small bank in Oklahoma with only one location. They still offer a wide range of banking products. If you are looking for savings accounts they offer everything from rewards checking and money market accounts to certificate of deposits and health savings accounts. They also offer personal loans, auto loans, equipment loans, home loans, etc. Contact: (580) 562-4871
- Bank of Hydro: Weatherford, OK. Money market account yielding up to 1.75% APY. Like most money market accounts, this one is set up in 3 tiers based on balance amount. If you maintain a balance of $1 to $2,499 you will yield 0.75% APY, if you keep a balance of between $2,500 and $9,999 you will yield 0.99% APY and if you have a balance of above $10,000 you will yield the lucrative 1.76% APY. Bank of Hydro has three locations throughout Oklahoma. One in Weatherford, one in Hydro and one in Eakly. Contact: (405) 663-2214
Both of the above institutions are federally insured by the FDIC. If you live in Oklahoma and know of a better money market rate offered through your local institution, please share by leaving a comment.