Central Bank – Ideal Money Market

Minimum deposit to open: $10
Minimum balance to avoid fee ($5): $500

Product Info:

  • Easy access to funds
  • $10 daily balance required to earn interest
  • $500 minimum daily balance required at all times to avoid $5 monthly fee
  • Monthly imaged statement can be combined with other Central Bank accounts
To find out more, visit Central Bank's website.
Current Rates
Min Deposit Max Deposit APY
$1 $9 0.00 %
$10 $2,499 0.10 %
$2,500 $14,999 0.10 %
$15,000 $49,999 0.20 %
$50,000 0.30 %
Rates last updated: 5/21/2012

Ideal Money Market Rate History

Money Market Rates ($1 - $9)

Bank Locations

Central Co-Operative Bank 399 Highland Avenue Somerville, MA 02144 42.3957358 -71.1205417
Internet Branch 17 Innerbelt Road Somerville, MA 02144 42.3991718 -71.1240559
Arlington Branch 175 Broadway Arlington, MA 02474 42.4115228 -71.1434623
Medford Branch 270 Mystic Avenue Medford, MA 02155 42.4066773 -71.1024181
Malden Branch 137 Pleasant Street Malden, MA 02148 42.4271335 -71.0706814