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Last Updated: 04/18/2025

FB&T Regular Money Market

from FB&T

Last Updated: 04/18/2025

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Highlights

APY (Annual Percentage Yield)

0.1% - 0.25%(Verified 06/21/2024)

Disclaimer popup with additional information

Minimum Balance to Earn APY

N/A

Minimum Opening Deposit

Starting at $1,500

FB&T Regular Money Market Review

FB&T Regular Money Market is offered by FB&T, a bank founded in 1934 and based in Perry, OK. FB&T Regular Money Market are available in 1 state.

Key Takeaways

Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.25%, 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 $3, but the fee may be waived if you keep a minimum balance of$1,500.
$1,500 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.

Pros & Cons of FB&T Regular Money Market

Pros

Cons

High-interest yield.
Access to physical branches.
Debit card
Deposit checks remotely.

Only available in one state.

FB&T Regular Money Market FAQ

Are money market accounts from FB&T federally insured?

Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC #13946). 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 FB&T Regular Money Market rates?

FB&T Regular Money Market offers an APY starting at 0.1% and ranging up to 0.25% (APY stands for annual percentage yield, rates may change).

FB&T Regular Money Market Rates and Terms

Rates

Amount

APY (Annualized Percentage Yield)

0.1% - 0.25%

What are the fees for FB&T Regular Money Market?

This account charges a monthly maintenance fee of up to $3. You can avoid this fee by maintaining a balance of $1,500.

FB&T Regular Money Market Fees

Description

Monthly Maintenance Fee

$0 - $3

Paper Statement Fee

Starting at $2.5

What is the minimum balance for FB&T Regular Money Market?

Minimum deposit of $1,500. You must make an initial deposit of at least $1,500 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 FB&T Regular Money Market offer?

This account includes the following features:

Fraud monitoring - FB&T monitors transactions for potentially fraudulent activity.
Mobile Banking Services - FB&T Regular 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.

How to open an account with FB&T

Visit the FB&T 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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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.

Contact

Headquarters

407 7th Street

Perry, OK 73077

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Hours of Operation

SundayClosedMonday8:30AM - 3:00PMTuesday8:30AM - 3:00PMWednesday8:30AM - 3:00PMThursday8:30AM - 3:00PMFriday8:30AM - 5:30PMSaturdayClosed

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APY (Annual Percentage Yield)

0.25% - 0.35%

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Minimum Balance to Earn APY

N/A

Minimum Opening Deposit

Starting at $100

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SuperMoney Net Recommendation Score

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-1000+100

No one recommends

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