Countrywide Bank Raises Money Market Rates
Countrywide Bank raised their Money Market Interest Rate today to 4.25% APY for balances of $50,000 or more and to 4.01% APY for smaller balances.
This interest rate increase follows the leads of ING Direct and Emigrant Bank who both raised their rates earlier this month. In addition to competitive Money Market rates, Countrywide also offers competitive Certificates of Deposit. They currently have a $10,000 minimum 4.65% 6-Month CD and a 5% 24-Month Certificate.
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