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08-24-2006, 10:31 AM
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Savings Information
Bank Money-Market Accounts (Source: Money Magazine, Sept, 2006, pg 44)
Domestic Bank (Rhode Island) Yield 5.16 Min Inv $2,500 800-398-8472 Presidential Bank (Maryland) Yield 5.12 Min Inv $5,000 800-383-6266 Corus Bank (Illinois) Yield 5.10 Min Inv $100 800-989-5101 Umbrella Bank.com (Alabama) Yield 5.10 Min Inv $1,000 866-242-0065 Heritage Bank (Minnesota) Yield 5.06 Min Inv 1,000 800-344-7048 Taxable Money-Market Funds: Transamerica Premier Cah Reserve Inv Yield 5.24 Min Inv 1,000 800-892-7587 McMorgan Principal Preservation Yield 5.22 Min Inv 5,000 800-831-1994 TIAA-CREF Money Market Fund *** Yield 5.19 Min Inv 2,500 800-842-2888 Vanguard Prime Money Market Fund Retail Yield 5.17 Min Inv 3,000 800-851-4999 MFS Money Market Fund Yield 5.14 Min Inv 1,000 800-637-8255 *** I have this account and it's really great! There isn't an ATM card though, but check writing is available. Minimum check amount for withdrawal has to be $250.00. Great place to save your property taxes with nice interest! 
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