A Money Market account may be opened with a minimum deposit of $100.00. This type of account will compound interest monthly and interest will be credited to the account each month. The account must maintain a minimum balance of $1,500.00 each day to obtain the disclosed annual percentage yield (APY). The interest rate and APY may change at any time. Please contact us for the current Money Market interest rate and APY.
Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, or telephone transfer or by check, draft, or similar order to third parties are limited to six per month. Excessive transfers will cause a Money Market account to be closed or changed to a basic non-interest bearing checking account.
Money Market accounts are available to individuals, corporations, non-profit organizations and many other types of entities.
|If your balance is at least…||your monthly service charge will be…|
|$400.00 – $499.99||$1.00|
|$300.00 – $399.99||$2.00|
|$200.00 – $299.99||$3.00|
|$100.00 – $199.99||$4.00|
|$0.00 – $99.99||$5.00|