Last Updated: 04/18/2025
Crescent Bank Money Market Account
Claimed
in Money Market Accounts from Crescent Bank
Last Updated: 04/18/2025
No Reviews Yet
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rate
Cast Your Vote
Compare All Money Market Accounts
Filter & compare all your options in one place.
Highlights
APY (Annual Percentage Yield)
1.70% - 2.20%(Verified 06/21/2024)
Minimum Balance to Earn APY
$1,000
Minimum Opening Deposit
Starting at $1,000
Crescent Bank Money Market Account Review
Crescent Bank Money Market Account is offered by Crescent Bank, a bank founded in 1991 and based in Metairie, LA. Crescent Bank Money Market Account are available in 50 states and Washington, DC.
Key Takeaways
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 2.20%, which is much higher than the national average for a money market account. However, you must keep a minimum balance of $1000.
- Charges a monthly fee. This account charges a monthly fee of up to $12, but the fee may be waived if you keep a minimum balance of$1,000.
- $1,000 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.
Pros & Cons of Crescent Bank Money Market Account
| Pros | Cons |
|
|
Crescent Bank Money Market Account FAQ
Are money market accounts from Crescent 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 Crescent Bank Money Market Account rates?
Crescent Bank Money Market Account offers an APY starting at 1.70% and ranging up to 2.20% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY. However, to earn interest you must keep a minimum balance of $1000.
| Rates | Amount |
| APY (Annualized Percentage Yield) | 1.70% - 2.20% |
What are the fees for Crescent Bank Money Market Account?
This account charges a monthly maintenance fee of up to $12. You can avoid this fee by maintaining a balance of $1,000.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $10 - $12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for Crescent Bank Money Market Account?
Minimum deposit of $1,000. You must make an initial deposit of at least $1,000 to open this account.
Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $1,000.
Interest rate minimum balance of $1,000. You must keep the account balance above $1,000 to earn interest.
What features and perks does Crescent Bank Money Market Account offer?
This account includes the following features:
- Mobile Banking Services - Crescent Bank Money Market Account 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 .
How to open an account with Crescent Bank
- Visit the Crescent 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.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
Closed
Monday
8:00AM - 4:00PM
Tuesday
8:00AM - 4:00PM
Wednesday
8:00AM - 4:00PM
Thursday
8:00AM - 4:00PM
Friday
8:00AM - 4:00PM
Saturday
Closed