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Highest yielding money market account rates in New Hampshire

September 21st, 2009 No Comments   Posted in money market accounts

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

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 New Hampshire, we have found that in many 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 money market rates in New Hampshire:

(click on the institution for more information)

  • Bellwether Community Credit Union: Nashua, NH. Money market account yielding up to 1.50% APY depending on your minimum balance. If you maintain a balance of between $2,500 and $9,999 you will receive an interest rate of only 0.65% APY. If you maintain a balance of between $10k and $49,999 you will receive an interest rate of 1.20% APY. With a balance of $50,000 or more yield and APY of 1.50%. Anyone who works or lives within the state of New Hampshire is eligible for membership. Contact: (603) 645-8181
  • Community Guarantee Savings Bank: Plymouth, NH. Money market account yielding only 1.0% APY with a minimum balance of $1,000. In 1988, Community Guaranty Savings Bank opened on Main Street in Plymouth, NH. Incorporated by local investors and managed by local business people, their goal was to provide area residents and firms with a locally owned bank that shared their stake in the Plymouth community. Today, CGSB’s assets have grown to more than $90 million, with branches in Plymouth and Campton, NH. Their services have also expanded, now rivaling those of much larger banks. Contact: (603) 536-0001

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

Best Certificate of Deposit Rates in New Hampshire (Top 3)

July 1st, 2009 No Comments   Posted in bank CD rates

Below are the top 3 certificate of deposit rates for residents in the state of New Hampshire. The maturites on these accounts range from 24 months to 5 years. As you may already know, the highest rates typically come from the longest maturites. After researching some of the highest yielding 6 and 12 month CD’s in the greater New England area I noticed that a few of the national banks offer better rates than the local ones. Therefor I didn’t include them in the list below. Compare CD rates available nationwide to see how they stack up against your local rates.

Bank rates are time-sensitive in nature, please refer to the date of this article for accuracy.

Top 3 certificate of deposit rates for New Hampshire:

(clicking on the institution name will bring you to their rates page)

Bank of New England: 24 month CD yielding 2.50% APY with a minimum deposit amount of $500. Bank of New England is headquartered in Windham, New Hampshire and was established in the mid-90′s. They are a community bank that originally focused on local small and mid-sized businesses. They have nine branches currently serving central and southern New Hampshire, the Merrimack Valley, and the greater Boston area. They claim that many more are to come and that they are the fasted growing bank in New Hampshire.

Anheuser Busch Employees Credit Union: 60 month CD yielding 3.40% APY with a minimum deposit amount of $1,000. ABECU serves the employees and retirees of all Anheuser-Busch Companies, wholly-owned subsidiaries and distributors of Anheuser-Busch products as well as contract employees reporting to an Anheuser-Busch employee. Note: You will find better rates on 5 year CD’s from national banks. Compare 5 year CD rates.

Service Credit Union: 60 month CD yielding 3.00% APY with a minimum deposit amount of $1,000. Service Credit Union serves the people who live or work in the state of New Hampshire (except for Coos County). They were founded in 1957, originally chartered to serve the military, and civilian employees, at Pease Air Force Base in New Hampshire. Today, Service Credit Union provides financial services to over 100,000 members residing all across the U.S. and around the world. Note: You will find better rates on 5 year CD’s from national banks. 5 year CD rate comparison.