What makes the High Rate MoneyMarket Account different from a regular Union Bank MoneyMarket Account?
The High Rate MoneyMarket Account offers a higher rate of interest than offered by our regular MoneyMarket Account. It is linked to a Tiered Interest Checking account, and the combined balance in the two accounts determines the interest rate you earn on money in the High Rate MoneyMarket Account. When the minimum daily ledger balance in the two accounts combined is at least $10,000, all the money in your High Rate MoneyMarket Account is eligible to receive the special higher interest rates that apply to the High Rate MoneyMarket Account.
