Certificates of Deposit
A certificate of deposit from Plains Commerce Bank is customized, safe, and secure—and has a great return on investment. Learn more about the benefits.
With a money market account(1), you can earn more interest on your savings each month. It’s an account that rewards higher balances with higher interest rates.
Think of it like a hybrid between checking and savings. Money market accounts operate like a savings account, but allow you to make check or debit card transactions. And, on top of it all, you get the personalized service and benefits of being a Plains Commerce Bank customer.
|Type of account||How is the interest rate?||Why open this account?|
|Plains Money Market Account||7 rate tiers designed to fit a wider range of savings needs.|
|Plains Savings||No tiers. Earns the same rate on the entire balance, regardless of balance. |
|Plains High-Yield Savings||Our highest-yield rates. Minimum balance requirement of $100,000 to earn interest on the entire balance.|
|Certificates of deposits (CDs)||Competitive interest rate that is higher than regular savings.|
If you’re looking for a safe place to deposit a large sum of money and earn some interest, a money market account is worth considering.
Reasons for opening a money market account include:
There are no limits to either transfers or withdrawals for Money Market Accounts at Plains Commerce Bank. This allows for more flexibility when it comes to saving and managing your money.
Yes. A money market account is not a money market fund (an investment that could lose value if the market fails). Money market accounts are deposits, and as such they are backed by the FDIC, up to $250,000 per depositor.
The process is the same as for any other account:
It is important to note that transactions on these accounts are limited by the Federal Reserve to 6 transactions per statement cycle.
To open an account or switch to Plains Commerce, you will need:
You deserve more from your money. Open a money market account and start earning today.Open an Account
Contact one of our bankers, call us, or send us your question online.To contact us, Contact Us
(1) Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account at any time. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). We use the daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Fees could reduce earnings on the account.
ATM/Checkcard upon application approval. Fees may apply for ATM/Checkcards.
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