Meet the Highland Bank money market account that rewards your healthy saving habits. Tiered rates of return based on your balance plus interest compounded and credited monthly add up to a bigger payoff – the higher your balance, the greater your yield.
Features & Benefits:
1$15 monthly service charge will apply if minimum balance is not maintained.
2Foreign transaction fees and surcharges apply. Subject to approval.
3The interest rate and annual percentage yield (APY) may change weekly at the Bank’s discretion. We use the average daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the available principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash deposits (for example, checks deposited into your account).
Effective As of 01/14/2025
Minimum Opening Balance | Interest Rate | Annual Percentage Yield (APY) | Minimum Daily Available Balance to Earn Interest | Compounding and Crediting of Interest | |
---|---|---|---|---|---|
Premier Money Market Savings | $10,000 | $0 | |||
$0 – $9,999.99 | 0.90% | 0.90% | Monthly | ||
$10,000 – $24,999.99 | 1.10% | 1.11% | Monthly | ||
$25,000 – $49,999.99 | 1.15% | 1.16% | Monthly | ||
$50,000 – $99,999.99 | 1.25% | 1.26% | Monthly | ||
$100,000 – $249,999.99 | 1.50% | 1.51% | Monthly | ||
$250,000 – $999,999.99 | 1.65% | 1.66% | Monthly | ||
$1,000,000 – $2,499,999.99 | 1.75% | 1.76% | Monthly | ||
$2,500,000 – $4,999,999.99 | 1.80% | 1.81% | Monthly | ||
$5,000,000+ | 1.85% | 1.87% | Monthly | ||
Money Market Savings | $1,000 | $0 | |||
Under $1,000 | 0.70% | 0.70% | Monthly | ||
$1,000+ | 0.95% | 0.95% | Monthly | ||
Statement Savings | $200 | 0.20% | 0.20% | $0 | Quarterly |
Kasasa Saver² | $100 | $0 | |||
$0 – $50,00.00 | 1.25% | 1.26% | Monthly | ||
$50,000.01+ | 0.20% | 1.26% – 0.73% | Monthly | ||
All balances if qualifications are not met | 0.01% | 0.01% | Monthly |
1The interest rate and annual percentage yield(APY) may change weekly at Bank’s discretion. Interest will be compounded and paid monthly. We use the average daily balance method to calculate interest on your account. This method applies a daily periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. Fees may reduce earnings.
2Must be opened in conjunction with a Kasasa Cash or Kasasa Cash Back checking account. Qualifications for checking account must be met to receive higher interest rate. APY on tiers may vary based on balances maintained. If qualifications are not met, interest rate/yield will revert to .01% on all balances.
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