CFG Bank offers some of the highest Money Market rates in the country—designed to help your money work harder for you or your business. Whether you’re building savings or maximizing returns, our competitive rates and flexible options make it easy to grow with confidence.
4.05
APY-Annual Percentage Yield
4.05
APY-Annual Percentage Yield
| Account | Minimum Deposit to Open | Minimum Daily Balance to Obtain Annual Percentage Yield (APY) | Interest Rate* | APY | Details |
|---|---|---|---|---|---|
| CFG High Yield Money Market Online | $1,000 | $1,000 | 3.98% | 4.05% | May add deposits at anytime, no check writing privileges. See below for account details. |
| CFG High Yield Money Market In Branch | $1,000 | $1,000 | 3.98% | 4.05% | May add deposits at anytime. See below for account details. |
| Commercial Money Manager Plus | $1,000 | $1,000 | 3.98% | 4.05% | May add deposits at anytime, check writing allowed, and ATM/Debit card issued upon request |
CFG Bank reserves the right to decline a request for a deposit account or for a deposit. Additional disclosures by account type below.
Annual Percentage Yield (APY)
Annual Percentage Yield (APY) assumes interest remains on deposit. Withdrawal of interest will reduce earnings. Fees could reduce the earnings on the account.
Retail Money Market Accounts
Minimum deposit to open this account is $1,000. You must maintain a minimum balance of $1,000 in the account daily to avoid a $10 service fee.
Minimum balance to obtain the posted APY is $1,000. The rates for the High Yield Money Market are variable and subject to change.
Commercial Money Market Accounts
Minimum deposit to open this account is $1,000. You must maintain a minimum balance of $1,000 in the account daily to avoid a $10 service fee.
Minimum balance to obtain the posted APY is $1,000. The rates for the Commercial Money Market are variable and subject to change.
Online High Yield Money Market accounts (No Check Writing Privileges)
Once funding occurs the daily external transfer limit for the CFG High Yield Money Market Account is $5,000. Your external transfers may not exceed $30,000 in a 30-day rolling period.
For the first 5 days after initial funding, all deposits are placed on hold and unavailable for withdrawal.
No check writing or debit card privileges are allowed with this account.
Account will remain in credits only status for 5 days.
Maximum initial funding amounts:
Plaid Funding – $500,000
ACH Funding- $5,000.00
We’re so much more
We are a trusted partner who empowers our clients to succeed and grow. When a client needs something, we rarely say no.
Typically, most banks have a box and clients must fit into that box, or they won’t partner with you. We’re not like that and will never be like that. We’re entrepreneurs who think outside the box and creatively to deliver the best results for our clients. There are no limits to what we can achieve.
Your success is our business and that is a commitment we don’t take lightly. Let’s get started and make your dreams a reality.
Entrepreneurial Approach
We take an entrepreneurial approach to banking and lending
Customized, Creative Solutions
We have a no-limits attitude to execute customized, creative solutions
Big Bank Capabilities & Boutique Bank Care
We provide tools and technology, but with a personalized level of care
Making Banking Personal
We create deep, personal relationships with clients, communities and employees
Personal and commercial checking accounts
We offer a variety of checking accounts – each with unique benefits – to provide you with a personalized solution to make managing your money easy. All commercial and personal checking accounts include online banking with bill pay and access to CFG ATMs and 55,000+ global Allpoint™ network ATMs using your VISA® Debit card or ATM card.