City National Bank Personal Money Market Account Review

City National Bank is based in Beverly Hills, CA. It was founded in 1972 and offers its money market accounts in 6 states (and Washington, DC).

If you're considering a money market account and want to know whether City National Bank Personal Money Market Account is right for you, read on.

Is City National Bank Personal Money Market Account insured by the FDIC?

FDIC insured. City National Bank Personal Money Market Account is a member of the Federal Deposit Insurance Corporation (FDIC). The FDIC insures deposits in money market accounts up to $250,000 per depositor if a member institution fails.

What are the City National Bank Personal Money Market Account rates?

City National Bank Personal Money Market Account offers an APY starting at .10% and ranging up to .25% (APY stands for annual percentage yield, rates may change).

City National Bank Personal Money Market Account Rates and Terms

Rates	Amount
APY (Annualized Percentage Yield)	.10% - .25%

What are the City National Bank Personal Money Market Account fees?

City National Bank Personal Money Market Account does not charge a monthly maintenance fee. This account charges a monthly maintenance fee of up to $20. You can avoid this fee by maintaining a balance of $2,500.

City National Bank will charge you a $15 fee if you exceed your maximum number of monthly transactions.

Federal regulations limit the number of transactions you can make from your money market account to six per month.

City National Bank Personal Money Market Account Fees

Fees	Amount
Monthly Fee	up to $20
Paper Statement Fee	N/A
Excess Transaction Fee	$15

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

No minimum initial deposit. City National Bank does not require a minimum initial deposit to open an account. Monthly maintenance minimum balance of $2,500. You can avoid the monthly fee if you keep a minimum balance $2,500.

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

This account does not seem to offer any of the features and perks we track.

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.