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NexBank Partners with MaxMyInterest to Expand Customer Relationships Nationwide

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NexBank Partners with MaxMyInterest to Expand Customer Relationships Nationwide

NexBank, the banking subsidiary of NexBank Capital, Inc. and the largest privately held bank based in Texas, announced its partnership with MaxMyInterest (Max), an intelligent cash management service for individual investors and financial advisors.

Through this partnership, consumers nationwide can now open the NexBank MaxMyInterest Money Market Account, a high-yield account available exclusively through Max. The account offers competitive rates and a streamlined application process.

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Max helps depositors seamlessly distribute their cash balances across multiple bank accounts to earn more on their deposits by earning highly competitive yields while simultaneously benefiting from greater aggregate FDIC insurance coverage, one-click funds transfers, and consolidated tax reporting. Deposits at NexBank are insured by the FDIC up to $250,000 per depositor, for each account ownership category.

“We are proud to partner with NexBank to help expand its reach to all 50 states,” said Rachel Bourne, Head of Bank Partnerships at Max. “Together with NexBank, we can help clients earn competitive rates while keeping their deposits safely within the FDIC insurance limits in their own bank accounts.”

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