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Bank of Smithtown Savings Rates and Money Market Account Rates

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Bank of Smithtown based on Long Island, New York, is advertising two savings account rates and tiered money market account rates. Bank of Smithtown is also advertising CD rates and checking account rates. The savings account rates include the bank's eXpress Savings Account rates and the bank's Premium Savings Account rates. The money market account rates have five different tiers.

The bank’s highest savings account rates are on their Premium Savings Account with balances of $2,500 or more and on their eXpress Savings Accounts. The current savings account rate on both types of savings accounts is 0.75 percent with a savings account yield of 0.75 percent.



Bank of Smithtown's highest money market account (MMA) rate is on their High Yield Money Market Account for balances of $100,000 or more (jumbo MMA account). The current rate on the money market account is 1.04 percent with a MMA yield of 1.05 percent.

Bank of Smithtown Savings Account Rates & Savings Account Yields


eXpress Savings Account Rates & Yields




  • Savings Rate 0.75% APY 0.75% Balances of $0 to $4,999


  • Savings Rate 0.75% APY 0.75% Balances of $5,000 or more


Premium Savings Account Rates




  • Savings Rate 0.35% APY 0.35% Balances of $500 to $2,499


  • Savings Rate 0.75% APY 0.75% Balances of $2,500 or more


Bank of Smithtown High Yield Money Market Account Rates & Yields


High Yield Money Market Account Rates




  • MMA Rates 0.75% APY 0.75% Balances of $10,000-24,999


  • MMA Rates 0.85% APY 0.85% Balances of $25,000-49,999

  • MMA Rates 0.95% APY 0.95% Balances of $50,000-74,999


  • MMA Rates 0.95% APY 0.95% Balances of $75,000-99,999 


  • MMA Rates 1.04%APY  1.05% Balances of $100,000+


Savings account rates and money market account rates change constantly. Visit bankofsmithtown.com for a list of current interest rates.
 
Author: Lisa Graham
October 25th, 2010