Last Updated: 04/18/2025
City National Bank Ladder Money Market Account
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Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.05% - 0.15%(Verified 06/21/2024)
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Minimum Balance to Earn APY
N/A
Minimum Opening Deposit
Starting at $10,000
City National Bank Ladder Money Market Account Review
City National Bank Ladder Money Market Account is offered by City National Bank, a bank founded in 1972 and based in Beverly Hills, CA. City National Bank Personal money market are available in 6 states and Washington, DC.
Key Takeaways
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.15%, which is much higher than the national average for a money market account.
- Charges a monthly fee. This account charges a monthly fee of up to $25, but the fee may be waived if you keep a minimum balance of$10,000.
- High minumum opening deposit. You must deposit a minimum of $10,000, which is high compared to most money market accounts.
Pros & Cons of City National Bank Ladder Money Market Account
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City National Bank Ladder Money Market Account FAQ
Are money market accounts from City National Bank federally insured?
Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC). 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 Personal money market rates?
City National Bank Personal money market offers an APY starting at 0.05% and ranging up to 0.15% (APY stands for annual percentage yield, rates may change).
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.05% - 0.15% |
What are the fees for City National Bank Ladder Money Market Account?
This account charges a monthly maintenance fee of up to $25. You can avoid this fee by maintaining a balance of $10,000.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $0 - $25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for City National Bank Personal money market?
Minimum deposit of $10,000. You must make an initial deposit of at least $10,000 to open this account.
Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $10,000.
What features and perks does City National Bank Personal money market offer?
This account includes the following features:
- Fraud monitoring - City National Bank monitors transactions for potentially fraudulent activity.
- Mobile Banking Services - City National Bank Personal money market allows you to manage your money through online banking and a dedicated mobile app.
What is the customer service phone number?
The customer service number for this account is (800) 773-7100.
What is the support contact email?
The support contact email for this business credit card is contact@cnb.com.
How to open an account with City National Bank
- Visit the City National Bank 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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