DALLAS - BankDirect has introduced money market accounts that pay higher interest rates to customers with balances of $5,000 or more.

Customers with at least $5,000 on deposit get an introductory rate of 6.30% and an annual yield of 6.50%, which BankDirect says is three times the national average. The yield for customers with balances under $5,000 is 6.25%.

BankDirect, which was created last year, is a subsidiary of Texas Capital Bancshares.

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