Private Bank of Minnesota Money Market Accounts Earn Up To 1.11% APY

By Allison Jones | Mar 25, 2010

Minnesota residents looking for money market accounts in their own backyard should consider checking out the options from the Private Bank of Minnesota. Your money market interest rate is based on the amount of money you deposit at the bank. The tiers are:

Money market account deposits from$0.00 – $2,500.00can generate .05 % APY
Money market account deposits from $2,500.01 – $25,000.00 can generate .25 %APY
Money market account deposits from $25,000.01 – $100,000.00 can generate .75 % APY
Money market account deposits from$100,000.01 $1,000,000.00 can generate 1.00 % APY
Money market account deposits starting at $1,000,000.01 and above can generate 1.11% APY

Aside from competitive money market rates, there are other incentives to open up this type of account at the Private Bank of Minnesota. The terms are simple and include:

No minimum balance
No monthly fees
Complimentary online banking
Money market interest rates are variable and may change at the bank’s discretion
FDIC insured

The Private Bank of Minnesota has onelocation in downtown Minneapolis. Since the financial institution was founded in 1996,The Private Bank of Minnesota has been committed to their goal of providing valuable financial assistance to local entrepreneurs, professionals and businesses.

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Current Private Bank of Minnesota CD Rates

6 Month CD Rate – Private Bank of Minnesota
12 Month CD Rate – Private Bank of Minnesota

Other Private Bank of Minnesota Rates

Private Bank of Minnesota – Savings Account Rate

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Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

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