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Take advantage of our exclusive Money Market promotion and reach your savings goals sooner with a promotional rate of 4.50% APY1,2 for 6 months.
Plus, at Amalgamated Bank, your deposits do more than just earn interest, they yield change.
How the promotion works:
- Open a new Money Market account between May 13, 2025 and June 30, 20254 ; and
- Fund5 the new Money Market account with new money only3; and
- Maintain a balance of $10,000 or greater
Key features:
- Competitive Rates: Earn interest on your money while it is still liquid.
- Flexibility: Deposit and withdraw money at any time just like a checking or savings account.
- Security: Your money is FDIC insured up to the maximum allowed by the law6.
Rates:
| Amount | APY1 | Interest Rate |
|---|---|---|
| $0.01 - $9,999.99 | 0.60% | 0.60% |
| $10,000.00 + | 4.50% | 4.50% |
1 APY means Annual Percentage Yield. Rates effective as of May 13, 2025.
2 Open a new Money Market account and maintain a balance of $10,000 or greater to be eligible for the promotion rate.
3 New money is defined as deposits not previously held by Amalgamated Bank.
4 Account must be opened between May 13, 2025 – June 30,2025 and the promotional rate will expire six (6) months from the date of account opening; provided, however, that if the balance requirement has been satisfied the promotional rate will be paid for six (6) months from account opening regardless if the offer has been discontinued or changed prior to the expiration date. Please note that an account with a zero balance for more than 30 calendar days will result in your account being closed by us without prior notice,
as further described in the Deposit Account Agreement.
5 There is a maximum account opening funding capability of $250,000 and a minimum opening deposit of at least $10,000 if opened online. If opened in branch there are no maximum opening funding restrictions. Additional deposit may be made by visiting an Amalgamated Bank branch or by making an Electronic Funds Transfer (“EFT”). An EFT includes ACH, Wire and External Transfers.
6 The Federal Deposit Insurance Corporation (FDIC) grants deposit insurance of $250,000 per account title. You may also qualify for more than $250,000 in FDIC coverage at Amalgamated Bank if you have single accounts, joint accounts, Individual Retirement Accounts and trust accounts.
All accounts are subject to the bank’s Account Opening Disclosures.
For a complete list of fees, click here to view the Fee Schedule.
