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Money Market Account

Money Market Account

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Summary

Earn an excellent rate of interest that goes up as your account balance does. You'll have easy access to your cash with checks, debit cards and online banking.

  • Tiered interest rates to maximize earnings*
  • $2,500 Minimum to open account
  • Monthly maintenance fee waived on balances $2,500 and over
  • Free TeleBanker
  • No minimum required to earn the stated APY
  • Free Online Banking
  • Free e-Statements

Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, telephone, mobile banking, computer transfer or check are limited to six per statement cycle; over 6 are considered excess withdrawals. Excess withdrawals will result in a fee of $5.00 each and may result in your account being closed. A recurring monthly service charge of $10.00 will be assessed if the average daily collected balance falls below $2,500.00. Fees may reduce earnings. If you close your account before interest is credited, you will not receive the accrued interest. An account that is closed within 6 months of the opening date will be charged a fee of $20.00.

Interest Rates

Interest Rates:

Balance...........................Rate/APY*

$0 - $9,999.99......................0.05%

$10,000 - $24,999.99............0.05%

$25,000 - $49,999.99............0.10%

$50,000 and up.....................0.15%


*The annual percentage yield (APY) is accurate as of 10/1/15. At our discretion, the interest rate and APY may change at any time. Interest will be compounded and credited to your account every month. The APY is paid on the entire balance in your account. Fees may reduce earnings.