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  City National Bank Consumer Money Market

City National Bank Consumer Money Market

in Money Market Accounts from City National Bank of Texas · fdic

Unaffiliated

City National Bank Consumer Money Market

Unaffiliated

in Money Market Accounts from City National Bank of Texas · Member FDIC

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Highlights
APY (Annual Percentage Yield) N/A
APY Minimum Balance N/A
Minimum Opening Deposit Starting at $2,500

City National Bank Consumer Money Market Review

City National Bank Consumer Money Market is offered by City National Bank of Texas, a bank founded in 1889 and based in Sulphur Springs, TX. City National Bank Consumer Money Market is available in 1 state across the USA.

Key Takeaways
  • No APY minimum balance. There is no minimum amount you have to deposit to start earning interest with this money market account.
  • Charges a monthly fee. This account charges a monthly service fee of up to $10, but the fee is waived if you keep a minimum balance of $1,500.
  • High minumum deposit. You must deposit a minimum of $2,500, which is high compared to most money market accounts.
Pros & Cons of City National Bank Consumer Money Market
Pros Cons
  • Access to physical branches.
  • No charge on incoming domestic or international wire transfers.
  • Deposit checks remotely.
  • No signup bonus.
  • Does not provide a debit card.
  • Only available in one state.
  • Monthly service charge.
City National Bank Consumer Money Market FAQ

Are money market accounts from City National Bank of Texas federally insured?

Yes, your City National Bank of Texas money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #5544). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What are the interest rates for City National Bank Consumer Money Market rates?

What are the fees for City National Bank Consumer Money Market?

This account charges a monthly maintenance fee of up to $10. You can avoid this fee by maintaining a balance of $1,500.
City National Bank Consumer Money Market Fees
Fees Amount
Monthly Fee up to $10
Paper Statement Fee $5

What is the minimum balance for City National Bank Consumer Money Market?

Minimum deposit of $2,500. You must make an initial deposit of at least $2,500 to open this account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $1,500.

What features and perks does City National Bank Consumer Money Market offer?

This account includes the following features:

  • Fraud monitoring - City National Bank of Texas monitors transactions for potentially fraudulent activity.
  • Mobile Banking Services - City National Bank Consumer Money Market allows you to manage your money through online banking and a dedicated mobile app. This includes depositing checks in your account with your smartphone.

What is the customer service phone number?

The customer service number for this business card is (833) 501-8764.

How to open an account with City National Bank of Texas

  • Visit the City National Bank of Texas website.
  • Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
  • Check the information is accurate and submit your application.
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Availability

  Available in 1 state
Texas
Availabile in all of Texas

Feature Breakdown

Minimum Balance to Avoid Monthly Fee $1,500
Minimum Opening Deposit Starting at $2,500
Monthly Fee $0 - $10
Paper Statement Fee $5
Account Features
  • Mobile Check Deposit
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Branch Access
  • Member FDIC
Dividend Payout Frequency Monthly

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