AIG Bank offers a high yield money market account. APYs offered depends on amount of investment.
Here are what appears on its rate sheet updated October 22, 2009.
- 1.10% APY for account balance $2,500 – $9,999
- 1.51% APY for account balance $10,000 – $49,999
- 1.60%APY for account balance $50,000 – $99,999
- 1.65%APY for account balance $100,000 – $249,999
- 1.75%APY for account balance $250,000 or more
AIG Bank high yield money market account is covered with FDIC insurance.
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