Last Updated: 04/18/2025
Pacific City Bank VIP Money Market
Unaffiliated
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
N/A
Minimum Balance to Earn APY
N/A
Minimum Opening Deposit
Starting at $100,000
Pacific City Bank VIP Money Market Review
Pacific City Bank VIP Money Market is offered by Pacific City Bank, a bank founded in 2003 and based in Los Angeles, CA. Pacific City Bank VIP Money Market are available in 50 states and Washington, DC.
Key Takeaways
- Charges a monthly fee. This account charges a monthly fee of $20, but the fee may be waived if you keep a minimum balance of$20,000.
- High minumum opening deposit. You must deposit a minimum of $100,000, which is high compared to most money market accounts.
Pros & Cons of Pacific City Bank VIP Money Market
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Pacific City Bank VIP Money Market FAQ
Are money market accounts from Pacific City Bank savings accounts 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 Pacific City Bank VIP Money Market rates?
What are the fees for Pacific City Bank VIP Money Market?
This account charges a monthly maintenance fee of up to $20. You can avoid this fee by maintaining a balance of $20,000.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSF Fee | $30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for Pacific City Bank VIP Money Market?
Minimum deposit of $100,000. You must make an initial deposit of at least $100,000 to open this account.
Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $20,000.
What features and perks does Pacific City Bank VIP Money Market offer?
This account includes the following features:
- Check Writing - Pacific City Bank VIP Money Market includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
- Fraud monitoring - Pacific City Bank monitors transactions for potentially fraudulent activity.
- Mobile Banking Services - Pacific City Bank VIP 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.
- Nationwide ATM network - Pacific City Bank VIP Money Market allows you to access your money from an ATM, a convenient feature only a few offer.
What is the customer service phone number?
The customer service number for this account is (213) 210-2000.
What is the support contact email?
The support contact email for this business credit card is info@paccitybank.com.
How to open an account with Pacific City Bank
- Visit the Pacific City 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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Hours of Operation
Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
10:00AM - 6:00PM
Saturday
Closed