Money Market Account
Personal Banking Products and Services
FEATURES
- Interest rate is subject to change daily
- Interest will be compounded monthly and credited to your account monthly.
- Free direct deposit
- Collected funds in account earn interest if your average daily balance is greater than or equal to $1000.00
- Unlimited deposits may be made
- 6 withdrawals allowed each statement cycle
- Unlimited transfers used to repay loans, by mail, messenger, ATM, in person or by phone, provided a check is mailed to the depositor
- Free Online Banking
- Free E-Statements
- Free Bill Pay
- Free Mobile Banking
- Funds are insured by FDIC up to $250,000 per account holder.
BENEFITS
- Your funds earn competitive, current rates
- Your interest earned is available monthly for additional income
- Saves you trips to the bank
- Your funds are available for your use while continuing to earn interest
- You control the amount of interest you earn by the funds you deposit
- Provides immediate access to funds while you earn interest
- Easy access to conduct bank business
- Offers added security
- Rate can increase with balance changes
- No set maturity date
DETAILS
- Minimum opening deposit of $1,000.00
- $10.00 minimum balance fee if the balance drops below $1,000.00 during any day of the statement cycle
- Service charge of $5.00 for each additional withdrawal in excess of 6 per statement cycle
ELIGIBILITY
- This is only available as an individual or joint account