Save Big for Your Big Picture
It’s time to earn a greater return on your money, and First Commonwealth Bank is here to help you with a money market savings account. Money markets are one of our several excellent savings account options, and we look forward to helping you find the best way to keep your hard-earned money.
With a limited-time special money market rate of 1.50% APY1 for balances up to $250,000, a money market is a great way to put your money to work for you. Use the funds you already have to get started with a money market account in Pittsburgh, Altoona, Johnstown, DuBois, Greensburg, Indiana and across Western PA.
1The Hometown Money Market account promotion is available from July 1, 2015 through September 30, 2015. To be eligible for the promotional Annual Percentage Yield (APY) of 1.50% you must be a new First Commonwealth Bank deposit account holder and open a new Hometown Checking plus Solutions Package, Hometown Checking plus Interest plus Solutions, Free Business Checking, Elite Business Checking or Small Business Checking Plus checking account. A minimum deposit of $10,000.00 in new money must be deposited to open the Hometown Money Market account and receive the promotional interest rate. The tiered interest rate and annual percentage yield (APY) is based upon the daily balance in the account: If your daily balance is between $10,000.00 and $250,000.00, you will receive the promotional interest rate of 1.49% on the entire balance, yielding a 1.500% APY. The interest rate for any portion of the daily balance exceeding $250,000.00 is 0.15%. The APY for this tier will range from 1.50% on a balance of $250,000.01 to 0.83% for a balance of $500,000.00. If your daily balance drops below $10,000.00, you will not receive the promotional APY of 1.50%. The current interest rate for any daily balance below $10,000.00 is 0.05% yielding a 0.05% APY. The promotional interest rate is limited to one account per household and is guaranteed for 3 months from the account open date; after the 3 month promotional period the interest rate and APY for this product may change weekly at the Bank's discretion. Fees could reduce earnings on the account. The promotional interest rate is not available for institutions or public funds. Offer is subject to withdrawal at any time.