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Flagstar Direct Raises Money Market Account Rate

Saturday, January 9, 2010 - 4:19 PMFlagstar Bank - Details
The money market rate is now 1.06% APY for balances under $100K (was 0.50%). Perhaps too many depositors had pulled their money. Flagstar also added a new tier (1.25% APY for $100K+). They also raised some CD rates. Note how close these rates are to the FDIC rate caps. Coincidence?

Refer to my Flagstar Direct review for more details.
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Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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