| Amount |
Minimum Balance to Open |
Minimum Balance to Earn APY |
Interest Rate |
APY** |
| IRA Money Market Account—TIER 1 |
$25 |
$0.01 - $499.99 |
0.10% |
0.10% |
| IRA Money Market Account—TIER 2 |
$500 |
$500 or higher |
0.15% |
0.15% |
| IRA Education Money Market Account—TIER 1 |
$25 |
$0.01 - $499.99 |
0.10% |
0.10% |
| IRA Education Money Market Account—TIER 2 |
$500 |
$500 or higher |
0.15% |
0.15% |
Rates Updated 6/30/2026
** APY=Annual Percentage Yield. Rates subject to change. Interest rates and terms apply only to Ulster, Dutchess, Greene and Orange counties in NY State. Ulster Savings Bank cannot be held responsible for online calculator errors. A penalty may be imposed for early withdrawal and may reduce earnings. Rates subject to change.
Any Annual Percentage Yield (APY) provided on our website assumes interest will remain on deposit for at least one year. All money market accounts listed above are variable rate accounts. Rates for variable rate accounts may change after the account is opened. Fees charged for maintenance or certain transactions on any account may also reduce earnings. Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, computer, check, debit card or similar order and telephone transfer are limited to six (6) per statement cycle.
A fee will be imposed at interest crediting if one or more daily balances in the statement cycle period fall below the required minimum amount.