Seacoast Commerce Bank is offering an Investor Money Market Account at 2.05%APY. Interested investors who want to open this high yield money market account are required to make a minimum opening deposit of at least $25,000 to obtain the APY. The bank also require that the initial deposit of $25,000 must be new money or funds not coming from deposits within the bank.
The 2.05%APY is accurate as of July 3o, 2009, but is subject to change without notice. There are also bank fees which could reduce your earnings. Seacoast Commerce Bank is a member of FDIC based in California.
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