Leader Money Market Account
Count on the investment account that only grows & keeps track of the market for you.
Mutual Bank's Leader Money Market account is the innovative investment account that matches the Fed Funds Rate on a monthly basis. And, rest assured that your earnings only go in one direction: UP! This worry-free account protects you from the uncertainty many are facing in the stock market, secures your principal and earned interest from risk, and automatically refreshes on the 15th of every month to match the current rate so you don't have to lift a finger. Plus, you only need $1,000 to start earning. This account works for all kinds of savers, whether you're a serious investor or simply looking to put your tax refund to good use.
Enjoy convenience and a ton of great benefits with Leader Money Market:
- Your money will always stay on top of market trends
- Automatically get matched with the Fed Funds Rate every month
- Minimum opening deposit of $1,000
- This account works for everyday people, as well as serious investors with the rate good for balances all the way up to $250,000
- This flexible account allows you to add as often as you want, so you can build your account on your budget and schedule
- 2.44% APY up to balance of $250,000*
Leader Money Market Account Benefits
Your rate is refreshed to match the Fed Funds Rate on the 15th of every month.
Build your account on your terms with the flexibility to add to your account at any time.
This account is available for anyone with a minimum opening balance of $1,000.
All accounts are fully insured, so you're protected against loss of principal.
*Annual Percentage Yield accurate as of 4/24/19. 2.44% APY on balances up to $250,000. 0.20% APY on balances over $250,000. Rates are variable and may change after account opening. On balances up to $250,000, the rate may vary monthly and will be equal to the Fed Funds Rate as published in the Federal Reserve Bank Daily Data Release on the 15th day of the previous month. Minimum balance of $0.01 required to earn stated APY. $10 monthly service fee if balance falls below $1,000. Fees could reduce earnings. $1,000 minimum to open. This offer applies to new funds not previously on deposit with Mutual Bank. Other restrictions may apply; read the Account Terms and Conditions Agreement before opening. Offer may be withdrawn without notice. Limit one account per household. All deposits insured in full. Member FDIC | SIF.