Money Market Account

Open Now A savings account with limited check writing convenience, great for the investor.

The Money Market Account offers the following:

• Limited check writing
• Interest bearing account with four interest rate tiers
• Check safekeeping required
• Monthly statement
• Immediate access to your funds

Recommended if you:

• Can invest at least $1,000
• Cannot commit your funds for a specific period of time
• Want limited check access to your investment account
• Want to earn higher interest as you increase your balance

Benefits:

• Earn higher interest with a higher balance.
• Good liquidity with no minimum investment period.
• Have the ability to write a limited number of checks

Important Facts:

• Minimum to open: $1,000
• Interest is compounded and paid monthly
• Can make 6 transfers by preauthorized, automatic, check or draft to third parties
• Monthly statement
• For average daily balances of $1000 or more, there will be no monthly maintenance fee

Fees:

• Maintenance Fee: $6 per month maintenance fee if average daily collected balance falls below $1000
• Withdrawal fee: $5 each after 6 per statement cycle

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