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MONEY MARKET SPECIAL ACCOUNT

Description:

Interest Bearing Limited Checking

Requirements:

  • Minimum Balance to open - $15,000.00
  • If your balance is less than or equal to $14,999.99, the interest rate paid on the entire balance in your account will be at the standard Money Market rate.

Benefits:

  • Interest will be compounded daily.  Interest will be credited to your account monthly. 
  • Free Internet and Phone Banking   

Cost:

  • A maintenance fee of $25.00 will be imposed if you do not maintain minimum daily balance of $15,0000 each statement cycle.
  • Transaction Limitations:  During any calendar month, you may not make more than six 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, or by check, draft, debit card or similar order to a third party. 
  • An activity fee of $10.00 will be charged for each debit in excess of 6 during a statement cycle.


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