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SPECIAL OFFER - Open a Live Better Money Market and earn up to 3.25% APY*!

Live Better Money Market Offer

You're invited to take advantage of this special offer to earn 3.25% APY* when you open a Live Better Money Market account with an initial deposit of at least $1,000 — options available for both personal and business banking needs.

 

Benefits

Live Better Personal Money Market Offer

 

  • Open with a minimum of $1,000 to earn interest.

  • No monthly service charge.

  • No transaction limitations.

  • Access to funds by ATM or check.

  • Account is accessible through Online & Mobile Banking.

Features

  • FDIC insured up to $250,000.**

  • Statement options include free eStatements / paper statements $3.00 monthly. If the primary account owner is 70 years of age or older, the fee will be waived.

 

Benefits

Live Better Business Money Market Offer

 

  • Open with a minimum of $1,000 to earn interest.

  • No monthly service charge.

  • No transaction limitations.

  • Access to funds by ATM or check.

  • Account is accessible through Online & Mobile Banking.

Features

  • FDIC insured up to $250,000.**

  • Statement options include free eStatements / paper statements $3.00 monthly. If the primary account owner is 70 years of age or older, the fee will be waived.

What are the benefits of a Money Market Account?

A Money Market Account combines the benefits of a savings account with the potential for higher interest rates.  It doesn’t have a fixed term length and has easier access to funds than CDs. This account is particularly useful for building an emergency fund or managing cash reserves with the potential for higher returns than a standard savings account.

 

Highlights

    • Higher Interest Rates: MMAs typically offer higher, tiered interest rates compared to regular savings accounts, allowing savers to earn more on their deposits. 
       
    • Liquidity and Accessibility: Unlike Certificates of Deposit, MMAs provide easier access to funds and provide a level of flexibility similar to a checking account. 
       
    • Low Risk: MMAs are generally considered low-risk investment options. The combination of FDIC insurance and conservative investment strategies used by banks to manage these accounts makes them a safe place for savings. 
       
    • No Lock-in Period: Unlike CDs, MMAs do not require a fixed term commitment. Savers can withdraw their money at any time without facing early withdrawal penalties, making MMAs suitable for those who need flexible access to their funds. 
       

* Annual Percentage Yield (APY) effective 5/30/2026. $1000 minimum deposit is required to open and obtain stated APY. APY and interest rates are variable and may change at any time. Fees may reduce earnings.

** $250,000 FDIC coverage refers to the total of all deposits that an account owner has at each FDIC-insured bank, per ownership category.

How can we help you plan for what's next?

Let’s talk about how Ledyard Bank can support your financial journey. Contact us or open an account today—it’s fast, easy, and all about you.

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