Available for residents nationwide, Paramount Bank is offering a Money Market with 0.05% APY.
Continue reading below to learn everything you need to know about Paramount Bank.
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About Paramount Bank Money Market Review
Paramount Bank is headquartered in Hazelwood, Missouri and was founded in 2004. The bank’s commitment to deliver market-leading deposit rates, product depth, best-in-class technology, and superior service to help clients meet their financial goals underscores why no two banks are the same.
CDs and IRA CDs are also offered with term lengths ranging from 7 days to 72 months.
They offer a competitive interest rate that, along with its money market account offering, targets consumers looking to maintain liquidity.
I’ll review Paramount Bank Money Market Checking below.
Paramount Bank Money Market 0.05% Rate
To earn Paramount Bank competitive rate, simply meet all the requirements. Once you qualify, you will start earning the 0.05% rate.
- Account Type: Money Market
- Interest Rate: 0.05% APY
- Minimum Balance: None
- Maximum Balance: None
- Availability: FL, OH, IL, MO, IA, TX, CA, KS, AZ
- Credit Inquiry: Unknown
- Opening Deposit: $100
- Credit Card Funding: Unknown
- Monthly Fee: None
- Early Termination Fee: None Listed
ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
Editor’s Note: Help us with the table above in the comment section if you have experience with ACH capabilities.
How to Earn Paramount Bank Rates:
- Open a Money Market account with a $100 opening deposit at.
- Maintain any balance amount and earn the 0.05% APY rate.
|Balance Requirement||APY Rate|
Why You Should Sign Up For This Account:
- No opening deposit
- There are no monthly fees
- Mobile Banking
- Free ATMs with MoneyPass®
- FDIC Insured
Paramount Bank is offering 0.05% APY when you open Money Market Account. This account is fairly easy to open and maintain though the rate is low.
For more bank offers, see the complete list of Best Bank Rates!
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