Investors would like you to know: New Money is defined as money not on deposit with Investors Bank after 9/1/2017.
* To qualify for the Consumer Money Market Maximizer Account (MMMA) Offer, you must open and maintain a YourStyle® Checking Account. To qualify for the Business Money Market Maximizer Account you must open and maintain an Investors Business Checking Account. There is a minimum of $10,000.00 New Money to open the Consumer and Business MMMAs. Minimum balance of $25,000.00 to earn 1.50% 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. The APY is guaranteed one year from the account opening date. A minimum balance of $2,500.00 is required to avoid a monthly fee of $12.00 on both Consumer and Business MMMAs. After one year, these promotional MMMAs will change to the prevailing Consumer or Business Money Market Account with tiered variable interest rate structure. The current tiered rate structure for Consumer MMAs is as follows: If your daily balance is $500.00 to $2,499.99 you will receive a rate and APY of 0.05%; if your daily balance is $2,500.00 and over you will receive a rate and APY of 0.10%. After one year from the opening date of the Consumer MMMA, a minimum balance of $500.00 must be maintained to avoid a monthly fee of $7.50. Rates are current as of 03/06/2018.