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Diamond Money Market Account

Access your money whenever you need it and still earn 1.05% APY.

With the Diamond Money Market Account, Oritani Bank account holders can add and take out money at any time, while still earning 1.05% APY on the entire balance of the account up to $250,000.* While Money Market regulations restrict the number of times you can transfer funds, there are no restrictions for transactions done at your local Oritani branch.

Features & Requirements

  • Manage your accounts online for banking at any time
  • Same rate paid on balances up to $250,000
  • Link with your Oritani checking account
  • Access to over 55,000 surcharge-free ATMs
  • Must open with a deposit of $100 or more.
  • This is a tiered rate account that begins earning 1.05% on balances from $.01 up to $250,000.*
  • In order to qualify for this account, you must either receive a recurring direct deposit or make 3 Online Bill Payments monthly from this account or any Oritani Bank checking account within 60 days of account opening. If you do not receive a recurring direct deposit or make 3 online Bill Payments monthly within 60 days of account opening, this account will convert to a Regular Money Market Account (Type 81) and the corresponding APYs in effect for that account for the corresponding balance tier.
  • This account is only available as a consumer account and limited to one per person.

To get started today, fill out the form to the right and an Oritani Banking Specialist will be in touch soon!

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*For consumer accounts opened in person only. *To qualify for the Annual Percentage Yield (APY) on the Diamond Money Market, you must have a new or existing Oritani Bank checking account with either at least a recurring direct deposit or 3 recurring monthly online bill payments. Interest rate and APY for balances from $.01-$249,999= 1.05% APY. Balances $250,000 and over =.45% interest rate with an APY from 1.01% to .45% APY. Minimum balance to open – $100. Fees may affect earnings. Checks written, POS transactions and Electronic transfers limited to 6 per statement. APY shown is effective as of 1/03/2017. Limit of one account per person.At our discretion we may change the rate on your account. Interest rates and annual percentage yield (APY) are not guaranteed.
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