Cleveland, OH (PRWEB) April 4, 2007
Before you invest in any online savings or money market account, check the current rate offering on AmTrust Bank's e-Money Market accounts. AmTrust Direct has raised its rate from 5.30% to an industry leading 5.36% APY.
"We want our customers, and potential customers, to know that this is not a so-called 'teaser' rate," said Matthew Lehman, vice president of Internet marketing for AmTrust. "We don't do any form of bait-and-switch. And it's not only for new money. You'll get an industry-leading rate on all your money." He adds, "AmTrust Direct has always been known for top-of-the-industry money market rates."
AmTrust Direct has always paid among the top rates in the country, and since launching their e-Money Market Account in August 2006, the account has consistently paid a money market interest rate in excess of 5.15% APY. Their account requires just $1,000 to open, with no minimum balance fees, and all the customer's money earns the same high rate.
"We try to make it easy for our customers," states Lehman. "Our CD rates automatically roll over to the highest rate for that term, so our customers never have to worry about where their money is going to work the hardest for them. They can relax, do nothing and still enjoy one of the highest rates in the country."
AmTrust is a division of Ohio Savings Bank, founded in 1889 and one of the fastest growing financial institutions in America. The Bank has grown from a local savings and loan with one office to a nationally recognized leader in retail banking with branch offices in Florida, Ohio and Arizona. The Bank is among the top 20 mortgage loan originators in the country, and also specializes in commercial construction lending. For more information, visit http://www.amtrust.com.