Money Market Account

Money Market Account

Summary

Designed for customers who maintain higher balances for savings, this account pays higher interest on tiered balances. And when you maintain a minimum balance, you can easily avoid the monthly service charge.

That's not all. This account still allows limited access to your funds, to allow some flexibility. Enjoy the benefits of savings with certain checkwriting* privileges — while free electronic services like online banking and eDocuments make it easy to manage your finances.

  • Savings with tiered interest rates depending on daily balance*
  • Maintain a $1,000 minimum balance to earn the disclosed interest rate
  • Maintain a $1,000 minimum daily balance to avoid the monthly service charge*
  • Interest-bearing money market with tiered rates*
  • Higher balances earn higher rates
  • Free online banking
  • Free mobile banking
  • Free telephone banking
  • Free eDocuments
  • $1,000 minimum deposit to open

*At our discretion, we may change the interest rate on the account on the first business day of each month. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Interest will be compounded daily and will be credited to the account monthly.

**If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the Bank. During any statement cycle you may not make more than six (6) withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. There is $9.99 fee for each debit in excess of six (6) per statement cycle. You can make unlimited in person withdrawals at no charge. A service charge of $9.99 will be imposed every month if the balance in the account falls below $1,000 any day of the statement cycle.