Too bad Reynolds State Bank only deals with local customers. Their money market accounts are stellar. Currently their Super Saver money market account is paying 2.52% APY with a minimum deposit of only $2500.
This may be an introductory rate, so be sure to call them to confirm all the terms of the offer.
Here is the contact information:
Reynolds State Bank
227 West Main Street
Little York, IL 61453
(309) 372-4242
The only bank that currently compares to this rate is SmartyPig.com with 2.15% APY. SmartyPig offers cash rewards for redeeming goals and other fun perks – we'll post a review of SmartyPig soon.
Reynolds State Bank currently has no website, Bauer Financial Ratings gives them 4 stars. Reynolds is a smaller bank with only about $77 million in assets and only one branch location.
They are FDIC insured, FDIC #: 10080.
If you live in Little York, it should be worth it to give them a call.
If you don't happen to live nearby, then take a look at some charts listing the highest money market rates, high yield savings account rates, and CD rates nationwide.
