Northpointe Bank is currently promoting its Liquid High Yield Money Market Account at 2.20%APY. The 2.20%APY, accurate as of June 4, 2009, is based on balances of over $25,000. There are no monthly fees but it requires $1,000 minimum opening deposit.
Balances below $25,000 but above $2,500 earn 1.40%APY and balances between zero to $2,499.99 earn 1.00%APY.
Deposits at Northpointe Bank are FDIC insured however it only has 1 star rating from bankrate.com.
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