Rates are effective as of 11/23/2020
| Account Product Name
|
Minimum Opening Deposit
|
Interest Rate
|
Annual Percentage Yield (APY)
|
| Now Personal Checking Account1
|
$1,000
|
0.05%
|
0.05%
|
| The minimum daily balance required to obtain the Now Personal Checking Account APY is $1,000.00
|
| Money Market Account1
|
$1,000
|
0.05%
|
0.05%
|
| The minimum daily balance required to obtain the Main Money Account APY is $2,500.00
|
| Main Money1 Business
|
|
|
|
| $2,500.00 - $9,999.99
|
|
0.05%
|
0.05%
|
| $10,000 - $24,999.00
|
|
0.05%
|
0.05%
|
| $25,000 - $49,999.99
|
|
0.10%
|
0.10%
|
| $50,000 - $999,999.99
|
|
0.10%
|
0.10%
|
| $1,000,000.00 - Over
|
|
0.10%
|
0.10%
|
| MainStay Savings Account 3
|
$100
|
0.00%
|
0.00%
|
| $100 - $2,499.99
|
|
0.20%
|
0.20%
|
| $2,500 - Over
|
|
0.25%
|
0.25%
|
| Health Savings Accounts
|
under $100
|
0.00%
|
0.00%
|
| $100 - $2,499.99
|
|
0.05%
|
0.05%
|
| $2,500 - $9,999.99
|
|
0.05%
|
0.05%
|
| $10,000 - $24,999.00
|
|
0.07%
|
0.07%
|
| $25,000 - $49,999.99
|
|
0.07%
|
0.07%
|
| $50,000 - $99,999.99
|
|
0.10%
|
0.10%
|
| $100,000 - Over
|
|
0.10%
|
0.10%
|
| Personal Savings1
|
$100
|
0.05%
|
0.05%
|
| The minimum daily balance required to obtain the Personal Savings APY is $100.00
|
| Basic Business Checking Plus Interest1
|
$750
|
0.05%
|
0.05%
|
| The minimum daily balance required to obtain the Basic Business Checking Plus APY is $1,000.00
|
|
|
|
|
|
| Basic Business Savings1,2
|
$500
|
0.05%
|
0.05%
|
| Basic MMA
|
$100
|
0.05%
|
0.05%
|
| Premium MMA
|
$5,000
|
0.05%
|
0.05%
|
| Silver MMA
|
$10,000
|
0.05%
|
0.05%
|
| Gold
|
$50,000
|
0.10%
|
0.10%
|
| Platinum
|
$100,000
|
0.10%
|
0.10%
|
| The minimum daily balance required to obtain the Basic Business Savings APY is $500.00
|
1. The interest rate and the annual percentage yield may change after account opening. Main Money Accounts are also available for consumers. Please call (505) 880-1700 for current rates.
2. The minimum daily balance required to obtain the APY is $500.00 for Business Savings.3. The minimum daily balance required to obtain the higher APY is $2,500.00 for Mainstay Savings.Fees could reduce the earnings on all accounts. We reserve the right at any time to require not less than 7 days' notice in writing before any withdrawals from an interest-bearing account.