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Accounts: Money Market

A minimum use checking account with the higher interest rate of a savings account.

Requirements

  • Minimum balance to open - $1500.00
  • Limit of six transfers from the account per statement cycle with a limit of three withdrawals by check draft or similar order to third parties.
  • You must maintain a minimum daily balance of $1,500.00 in your account each day to obtain the disclosed annual percentage yield.    

Benefits

  • Interest is compounded daily and credited to the account monthly.
  • Interest rates may change at any time.  Rates are posted in the lobby of your nearest bank location.

Cost

  • An $8.00 maintenance fee will be imposed if the balance in the account falls below $1,500.00 any day during the statement cycle.       
  • A per item fee of $10.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of six during a statement cycle.

 

 
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