Available to residents nationwide, Lemmata Savings Bank Money Market Deposit is offering a 5.03% APY Rate.
Continue reading below to learn everything you need to know about Lemmata Savings Bank.
About Lemmata Savings Bank Money Market Deposit
Lemmata Savings Bank offers a digital-first banking experience rooted in competitive savings products that help you on your journey toward financial growth and empowerment. The name Lemmata is inspired by the concept “lemma,” which describes tackling a big problem or challenge by dividing it into smaller aspects first, echoing how reaching your money goals involves many steps along the way. And the bank is also committed to giving back: when you deposit, Lemmata makes charitable donations to a worthy cause.
I’ll review the Lemmata Savings Bank Money Market Deposit account below.
Balance Requirement | APY Rate |
$1 | 5.03% APY |
Lemmata Savings Bank Money Market Deposit Rate
- Account Type: Money Market Deposit
- Interest Rate: 5.03% APY
- Availability: Nationwide
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Hard Pull or Soft Pull? Let us know
- Opening Deposit: $1
- Credit Card Funding: Unknown
- Monthly Fee: None
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
Lemmata Savings Bank ACH Capabilities & Limits
ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
Push | ? | ? | ? | None |
Pull | ? | ? | ? | None |
Editor’s Note: Help us with the table above in the comment section if you have experience with Lemmata Savings Bank’s ACH capabilities.
How to Earn Lemmata Savings Bank Rate
- Open a Money Market Deposit account from Lemmata Savings Bank with an opening deposit of $1.
- Maintain any balance amount over $1 and earn the 5.03% APY rate.
Why You Should Sign Up For This Account
- No fees. $1 minimum deposit. 24/7 online access to funds.
- Lemmata gives back through charitable donations when you save.
- Deposits are FDIC insured through California Bank of Commerce.
Bottom Line
Check out Lemmata Savings Bank and open a Money Market Deposit account this amazing rate! The fact that you can earn a high rate on any balance makes this Savings Account all worthwhile. Let us know about your experience with this bank and comment below.
Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
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