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AIG Bank

Article Submitted by: BankMan
Savings - Checking - CDs


AIG Bank is now offering competitive rates of money market and savings accounts.

 

Submitted: Jun 17, 2009    Views: 475    Comments: 0    Likes: 1   


AIG Bank has $1.3 billion is assets and $1.1 billion in deposits.

AIG Bank's money market account has tiered rates with a minimum balance of $2,500 to avoid a $10 monthly fee.

CD rates lock at the time of the application, and have a ten day grace period before rolling over on maturity.  Early withdral period is 3 months on terms under 1 year and 6 months on terms over 1 year.  

ACH transfers cannot be initiated online but require a faxed form, and it is unclear whether the bank does a hard of soft credit pull.


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