Investors would like you to know: New Money is defined as money not on deposit with Investors Bank within six months prior to the date of account opening.
1. Beginning 4/2/2019, open a Consumer or Business 7-month CD with new money. A minimum balance of at least $10,000.00 is required to receive an Annual Percentage Yield (APY) of 2.30%. Open an IRA 7-month CD with new money. A minimum balance of at least $5,500.00 is required to receive an APY of 2.30%. The maximum amount you may deposit in this promotional account is $2,000,000.00. Penalties may apply for early withdrawal prior to maturity.
2. Beginning 3/4/2019, open a Money Market Maximizer with new money. You must deposit $10,000.00 to open this account. To qualify for the Business Money Market Maximizer Account you must open and maintain an Investors Business Checking Account. New Money is defined as money not on deposit with Investors Bank 6 months prior to the date of account opening. A minimum balance of $25,000.00 is required to earn 1.75% Annual percentage yield (APY); balances between $10,000.00 and $24,999.99 earn 1.00% APY; balances under $10,000.00 and above $5,000,000.00 earn .05% APY. A minimum balance of $2,500.00 is required to avoid a monthly fee of $12.00 on both Consumer and Business MMMAs.
Government accounts and financial institution accounts are excluded from these offers. All offers may be withdrawn at any time without notice. There is a maximum of $250,000 of deposit insurance from the FDIC for each category of account ownership. Please visit fdic.gov for details.