Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

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.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708