The PrivateBank Money Market Account

Money Market Accounts provide favorable rates of return and ready access to cash in the account. This account requires a minimum balance of $2,500. Up to six transfers are allowed at no charge during each statement period, three of which may be made by check.

The PrivateBank Investment Reserve Account

Not only will you enjoy earning one of the best interest rates around on premium money market funds, you will not have to sacrifice liquidity. The PrivateBank Investment Reserve Account offers high-performance interest with total access to your funds. Six transfers or withdrawals may be made during each statement period. This account requires a minimum opening balance of $50,000 and a current PrivateBank Checking or a NOW Account.

The PrivateBank Savings Account

This traditional account is well-suited for clients wishing to earn interest on smaller investments. A PrivateBank Checking or NOW Account is required to open a Savings Account.

The PrivateBank Certificates Of Deposit

A Certificate of Deposit is an outstanding way for clients to earn the high rates available from The PrivateBank with the highest possible levels of security. With as little as $10,000 invested in a Certificate of Deposit, clients can achieve competitive rates. The PrivateBank offers its clients a range of terms up to five years. See your PrivateBanker for a customized approach to fit your specific needs.

Jumbo Certificates from The PrivateBank offer the highest possible yields on deposits of $100,000 or more.

The PrivateBank IRAs

Individual Retirement Accounts from The PrivateBank can allow interest to be earned without being subject to current income taxes. As always, consult your tax planner first. With these savings plans, there is no penalty for withdrawal of funds after age 59 1/2. Money may be invested in a variety of ways.