Nexity Money Market Accounts – Money Market Advantage offers up to 1.06% APY

Nexity Banks provides several different forms of investments for their customers. These include money market accounts, certificates of deposit and IRA certificates of deposit. For those investors particularly interested in money market accounts and the rates available, look into Nexity Bank to take the next step for your money market account investment.

Nexity Bank is taking customer awareness to a new level with investments. Money market accounts are highly coveted from Nexity Bank. Their money market accounts are designed with customers in mind with the freedom of a checking account combined with high yielding money marketing interest rates. Several different money market accounts exist.

One of the main advantages of a money market account is liquidity - cash can be withdrawn and deposited anytime at no penalty.

Money market advantage

Money market accounts advantage is as an investment vehicle offering a high rate of return that has the liquidity and convenience of a checking account. Convenience and safety are very attractive for money market account venture. Your moneys are insured with the FDIC up to the maximum allowed by law.

Includes; Free checks, ATM card with no withdrawal limits, free online banking, free telephone banking and the minimum deposit to open this account is $1

Balance                        Rates

$50,000 +                  1.06% APY

$0-$49,999                .50%   APY

Money market

This is Nexity Bank’s regular money market account most often used by the personal patron and financiers.

Includes; free checks, ATM card with no withdrawal limits, free online banking , free telephone bank and the minimum deposit to open this account is $1000

Balance                                      Rates               FDIC weekly national rates

$1000-$9,999                       .60%               .19% APY

$10,000-$49,999                .60%

$50000+                                  .60%

Business Money Market

Businesses large and small can benefit of the business money market account. Convenience and safety are priority for Nexity Bank customers when it comes to all of their accounts. The interest yield is higher than most other bank’s CD accounts without the inconvenience of waiting for your CD maturity dates to access monies for your business needs.

Incudes: free checks, free ATM with no fees, free online banking, free telephone banking and a minimum deposit of $1000 to open the account.

Balance                            Rates              

$1000-$9.999            .60%   APY                .

$10,000-$49.999     .60%   APY

$50,000+                      .60%   APY

Nexity Bank has invested in their customers like they have invested in Nexity Bank. The lender provides protection from identity theft, email and website fraud, phishing and they also stress that customers should do their part for security. Things such as don’t provide your password information to others or other access to your account for others such as PIN numbers or your ATM card and checks.

Nexity Bank offers multiple choices to fit their customers various needs.

Nexity provides protection against Phishing (a way of attempting to acquire sensitive information such as usernames, passwords and credit card details by masquerading as a trustworthy entity in an electronic communication)