Flagstar Bank Money Market Account - Best Money Market Rates
The Flagstar Bank Money Market Account offers some of the best money market rates in the United States. If you are looking for a high interest money market account, you will like the the Flagstar money market rates. This article will review Flagstar Bank, the Flagstar Money Market Account, and the other Flagstar accounts.
Who is Flagstar Bank?
Flagstar Bank is a Michigan bank with its main office in Troy, Michigan. This is one of the fastest growing banks in Michigan with over 165 flagstar bank locations. These bank locations are in Michigan, Florida and Georgia.
Flagstar Bank began in 1987. It is set up as a federal savings bank. Flagstar has about $16 billion in assets. Flagstar focuses on consumer accounts and business accounts. In addition to the Flagstar money market account, it offers automobile loans, boat loans, home mortgages and equity lines of credit. The Flagstar equity lines are great for home loans used to fix up your home. In fact, they are a leader in home loans.
Flagstar Bank Money Market Accounts:
Flagstar has some of the best money market rates being offered right now. They always pride themselves on their competitive rates. In addition to the great money market rates, Flagstar only requires that you deposit $1 to open an accounts. This makes this one of the best money market accounts for new investors. If you don’t have a lot of money, it can be difficult to open a money market account. However, Flagstar has removed this barrier to entry.
With flagstar bank offering free checking and no minimum balance, you have to visit the Flagstar website to check out its current money market rates. As of this article, the Flagstar money market rates are from 2.40% to 2.90%. The 2.90% money market rates are for balances over $100,000.
The Flagstar Express Money Market account combines checking writing of a checking account and interest rates like high interest savings accounts. Flagstar online banking also has a great website. They offer online banking with free online billpay, fund transfers and account monitoring. Flagstar also provides you with a Flagstar Visa debit card that you can use to make purchase out of your money market accounts.
Flagstar Customer Service:
While this money market account is only online, at its heart Flagstar is still a community bank. This community feeling is said to follow it online with great customer service and support.
If you are looking for the best money market rates, you need to check out the Flagstar Bank money market account.