Last Updated: 04/18/2025
First Mid Bank & Trust Retail Money Market
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Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
Minimum Balance to Earn APY
Minimum Opening Deposit
First Mid Bank & Trust Retail Money Market Review
Key Takeaways
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 4.60%, 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 $5, 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 First Mid Bank & Trust Retail Money Market
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First Mid Bank & Trust Retail Money Market FAQ
Are money market accounts from First Mid Bank & Trust federally insured?
What are the interest rates for First Mid Bank & Trust Retail Money Market rates?
| Rates | Amount |
| APY | 4.60% |
What are the fees for First Mid Bank & Trust Retail Money Market?
This account charges a monthly maintenance fee of up to $5. You can avoid this fee by maintaining a balance of $1,000.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $0 - $5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for First Mid Bank & Trust Retail Money Market?
What features and perks does First Mid Bank & Trust Retail Money Market offer?
- Fraud monitoring - First Mid Bank & Trust monitors transactions for potentially fraudulent activity.
- Mobile Banking Services - First Mid Bank & Trust Retail Money Market allows you to manage your money through online banking and a dedicated mobile app.
What is the customer service phone number?
What is the support contact email?
How to open an account with First Mid Bank & Trust
- Visit the First Mid Bank & Trust 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.
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