Brilliant Bank Money Market 5.25% APY. FDIC insured.
U.S. News (
https://money.usnews.com/banking/...liant-bank) says:
Backed by Kansas-based Equity Bank, Brilliant Bank offers online-only checking and money market accounts, and certificates of deposit. You can open an account in just minutes online. Equity Bank manages $5 billion dollars in assets and has locations in four states.
Pros & Cons
+You can set up a new account in about five minutes.
+Bank from anywhere at any time with the mobile app.
+No ATM fees for checking accounts.
-No physical locations.
-There are a limited number of banking products available.
-There is a monthly service charge for the checking account if you don't maintain the minimum balance.
Brilliant Bank is the 266th largest bank in the nation. It was established in 1985 and as of March of 2023, it had grown to 712 employees.
DepositAccounts list -
https://www.depositaccounts.com/moneymarket/
https://www.brilliant.bank/
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