Headquartered in Plano, Texas, UmbrellaBank.com is an online-only bank that offers better rates than traditional banking institutions and accounts are available nationwide.
Deposit accounts available with UmbrellaBank.com include Savings, Money Market, Certificates of Deposit and IRA accounts.
UmbrellaBank.com Online Money Market Offer
- Available online, nationwide
- The minimum deposit to open an UmbrellaBank.com money market account is $1,000
- Minimum balance necessary to obtain the highest disclosed annual percentage yield is $25,000
- Withdrawal will reduce earnings
- Fees may reduce yield
- Rates may change after account is opened
- All rates subject to change daily
- Interest is compounded monthly
- Deposit accounts are FDIC-insured to at least $250,000 per depositor.