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Business Services » Savings » Money Market Account
Money Market Account
Short and long-term wealth building strategy
- $5,000 minimum opening deposit
- You will earn interest on daily collected balances of $5,000 or more.
- Earned interest is tiered for balances as follows:
$5,000 - $49,999
$50,000 - $99,999
$100,000 - $499,999
$500,000 - $999,999
$1,000,000 +
- Variable interest compounded daily and paid monthly
- $10 monthly service charge is waived when you maintain a $5,000 average daily balance.
- $15 excessive withdrawal fee*
- Unlimited deposits, withdrawals/ transfers to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check, draft, debit card, or similar order are limited to six per statement cycle.(1)
- Check-writing privileges (up to 6 per month)
- Free online banking
- Monthly account statements
Account terms and conditions disclosure
(1) Important Notice: Federal regulation and our deposit agreement limit the number of withdrawals and/or transfers that may be made from a savings or money market account. There is a $15 fee for each preauthorized withdrawal or transfer in excess of these limits. If withdrawal limitations are exceeded three times in 12 cycles, the account will be closed or converted to a checking account.
*Service charges, fees and terms and agreements are subject to change at any time. For a complete list of fees and service charges, please see Schedule of Miscellaneous Fees and Service Charges and Deposit Agreement and Disclosure.
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