This money market offer is national. People from any state can start enjoying the current money market rates by initially depositing $1000. This amount is also the safe line to avoid the $12 service fee. All earnings of the account are compounded and credited every month.

Applications can be started online. Amegy Bank is extra careful with the process and asks for more pertinent information like employment details, net worth, and sources of income.

Following federal law, Amegy bank limits withdrawals and transfers up to six times per month for their money market account. Any exceeding transaction above this cap will be charged $20.

Some other fees include $5 for each transaction exceeding the monthly limit of 3 for telephone funds transfer and $3 for withdrawal over the counter.

You can also opt for electronic statements over paper monthly account statement. Aside from being greener, you will also be able to avoid the $10 fee Amegy bank charges for delivering these paper statements to your door step.

If you need to make an outgoing transfer, you need to deal with a $2.50 fee per transaction. Incoming funds transfers from your other bank accounts and banks are, on the other hand, free.

Amegy Bank has over 90 branches spread across Texas. Not only do they have a physical location and presence but also a solid online banking presence. Amegy Bank’s Money Market is insured with the FDIC. Refer to our complete Amegy Bank review for complete details about who Amegy is, and what other online banking services they offer.