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Forum
-> Household Management
-> Finances
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amother
Periwinkle
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 Wed, Apr 08 2015, 3:31 pm
Is Dime Bank the only one offering 1.10% on a Money Market?
Any Bklyn bank offering 1% or more on a Money Market?
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amother
Periwinkle
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Sun, Apr 12 2015, 6:11 pm
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seeker
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Sun, Apr 12 2015, 6:13 pm
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I don't know brooklyn and I'm no banker but 1.1% sounds good for money market, IM(limited)E
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Mrs Bissli
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Tue, Apr 14 2015, 9:03 pm
1% for money market looks DARN good. Is this some kind of promo rate for new customers or for large deposits?
Just to put things to perspective, Fed fund rate is 0.13% (this is the relevant comparison base as you can take the money out of money market accounts), much longer 5-year Treasury yield is 1.35%
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amother
Periwinkle
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Tue, Apr 14 2015, 9:13 pm
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Capitol One is offering 1.10% as well.
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