Available for residents nationwide, Umbrella Bank offers an Money Market Account with 1.85% APY for balances of $25K or higher. Continue reading below to learn everything you need to know below.
About Umbrella Bank Money Market Review
UmbrellaBank.com is a division of Beal Bank. Headquartered in Plano, Texas, Beal Bank has branches in major metropolitan areas across the United States. Since its founding in 1988, Beal Bank has built a reputation as a stable, strong financial institution. At UmbrellaBank.com, they are focused on online CDs, other savings products, and the customer.
I’ll review Umbrella Bank Money Market below.
Balance Requirement | APY Rate |
$0 — $999 | 0% APY |
$1,000 — $24,999 | 0.21% APY |
$25,000+ | 1.85% APY |
Umbrella Bank Money Market Rate
- Account Type: Money Market Account
- Interest Rate: 1.85% APY
- Availability: Nationwide, online bank
- Minimum Balance: $25,000
- Maximum Balance: None
- Credit Inquiry: Unknown
- Opening Deposit: $1,000
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Termination Fee: None listed
(FDIC Insured)
Umbrella Bank ACH Capabilities and Limits
ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
Push | ? | ? | ? | ? |
Pull | ? | ? | ? | ? |
How to Earn Umbrella Bank Rate
- Click here and apply for an Money Market Account
- Input your info – Provide your name, address, phone, email and social security number or Tax ID
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank
- The minimum opening deposit is $1,000.
Why You Should Sign Up For This Account
- NYCB Mobile with mobile deposit
- View e-Statements and e-Documents
- Save more by setting up reoccurring deposits
- NO monthly or maintenance fees.
- Interest earned on daily balances of $1 or more.
- Interest is credited monthly.
Bottom Line
Check out this offer from Umbrella Bank and open an Money Market Account to earn the great rate today!
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