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CFG Bank High Yield Money Market Account

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APYUp to 5.25% Image
Min. Deposit $1,000 Image

Last updated on 2023-12-18

CFG Bank High Yield Money Market Account Review

Pros Pros

Convenient online banking

Decent yields for money market account

Cons Cons

Doesn't come with ATM, debit card or check writing privileges

2 physical branches only located in Maryland

Deposit Details CFG Bank Money Market Account APY

  Interest Rate
$1k & above 5.25% APY

 

Receive up to 5.25% APY on CFG Bank high yield money market account

US$1,000 minimum deposit and US$250,000 maximum deposit to open account online or in branch

US$1,000 minimum daily balance required to avoid a $10 service fee

May add deposits at anytime, no check writing privileges or atm card, new funds only

Daily external transfer limit is $5,000

Daily inbound transfer limit is $25,000

Total external transfers may not exceed $30,000 in a 30-day rolling period

No more than a total of 6 automatic or preauthorized transfers, telephone transfers, online banking transfers, or payment from your account each month, including payments by checks, drafts and debit cards to third parties

Violation of transaction limits will subject the account to closure

 

Click here to go to CFG Bank website for more details

 

About Bank About CFG Bank

CFG Bank is a community bank headquartered in Baltimore, Maryland. CFG Bank have 2 physical branches in Maryland at Lutherville and Fells Point. Online banking is available via app or website for all customers.

CFG Bank can be contacted via contact form on their website or phone. Customers can reach CFG Bank customer service via phone on (410) 823-0500 Mondays to Thursdays from 8.30am to 11pm ET, Fridays from 8.30am to 9pm ET and Saturdays from 9am to 5pm ET

CFG Bank is a member of FDIC which covers the deposits of a depositor to up to US$250,000

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CFG Bank High Yield Money Market Account Review

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