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- Smart, high-yielding,
100% liquid.
This
is a high-yield money market account that's perfect for short-to-medium term savings. Maybe
funds for your child's college tuition, or money you're saving to buy a house,
or maybe just a conservatively invested emergency fund. The minimum balance to
open a Cash Reserves Money Market Account is $10,000. There is a $5 monthly fee
for balances that drop below the minimum. You have access to your money by writing
a check, making a telephone banking transfer, or through our 24-hour ATMs. Plus
this account pays a premium yield! Did you know that the tax rate for Massachusetts's
residents on interest earned in Massachusetts's banks is half the rate on other
types of interest and dividend income!
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To contact us to open an account, click here
,
fill out the request form and E-mail it to us. A new account opening kit will
be mailed to you in a few days. Or stop by one of our banking offices to speak
to a customer service representative about the other savings products available. We'll
personally help you choose the one that's right for you. Did you know that your
Fidelity Bank accounts are 100% insured? Click here
for more details about depositors insurance and the security it offers.
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