Business woman sitting on a desk reading a digital tablet at her office
Money Market
Money Market Account
Available to consumer and business customers
A higher Yield Account with the advantages of a Checking account:
- Easy Access anytime by Check, Debit Card, ATM, Online and Mobile Banking
- No Maturity Date like a C.D. – Ideal for short term goals or when you need to access funds without a penalty.
- Earn interest on your excess funds; simply transfer when you need it
Tiered Rates – Higher yields for higher balances:
- Minimum Balance to Open $1,000.00
- Tiered Balances for higher yields:
- $24,999.99 and under
- $25,000.00 – $99,999.99
- $100,000.00 and Over
Other Features and Functions:
- Interest Rate is Variable – subject to change weekly
- Interest Compounds MONTHLY
- Interest Calculation on Daily Balance Method
- Fees:
- $10.00 Maintenance Fee if balance falls below $5,000.00 during the monthly statement cycle $15.00 Excess Withdrawal Fee if more than 6 Transfers Per Monthly statement cycle *
*Transaction Limits Apply: *Transfer is defined as: Pre-authorized, Automatic, Telephone, Online (through Mobile or Online Banking), Debit Card, Check/Draft/ACH to Third Party. Does NOT include Teller Withdrawals or ATM Withdrawals.