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At Amalgamated, we’re dedicated to offering banking solutions that not only meet your financial goals, but also create a better future - for you, your community, and the planet. Here, your deposits do more than just earn interest, they yield change.
Take advantage of our exclusive Money Market promotion and reach your savings goals sooner with a promotional rate of 4.25% APY1,2 for 6 months.
How the promotion works:
- Open a new personal Money Market account between May 18, 2026 and June 30, 2026;3 and
- Fund4,5 the new Money Market account with new money only;6 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 law.7
Rates:
| Amount | APY1 | Interest Rate |
|---|---|---|
| $0.01 - $9,999.99 | 0.20% | 0.20% |
| $10,000.00 + | 4.25% | 4.25% |
1 APY means Annual Percentage Yield. Rates effective as of May 18, 2026.
2 Open a new Money Market account and maintain a balance of $10,000 or greater to be eligible for the promotion rate.
3 Account must be opened between May 18, 2026 – June 30, 2026 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.
4 There is a minimum opening deposit of at least $10,000 and a maximum account opening funding capability of $250,000 if opened online. Must maintain a balance of at least $10,000 to receive the promotional rate.
5 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. Must maintain a balance of at least $10,000 to receive the promotional rate.
6 New money is defined as deposits not currently held by Amalgamated Bank.
7 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.
