A Money Market Account is available for business owners who want higher interest rates, but still have access to investment capital.
Interest is earned at the prevailing market rate in four (4) tiers.
Interest accrues daily and is paid monthly:
Interest accrues daily and is paid monthly:
Tier l ................................................... $25,000 - $249,999.99
Tier ll .................................................. $250,000 - $499,999.99
Tier lll .................................................$500,000 - $999,999.99
Tier lV .................................................$1,000,000 & above
Rates are subject to change at any time without notice.
Tier ll .................................................. $250,000 - $499,999.99
Tier lll .................................................$500,000 - $999,999.99
Tier lV .................................................$1,000,000 & above
Rates are subject to change at any time without notice.
Minimum opening deposit: $100
Minimum balance requirement: $25,000
If the account balance falls below the $25,000 minimum balance requirement, the following service charges apply:
- Monthly Service Charge: $20 per month
Six (6) withdrawals per month are permitted. Excessive withdrawals or transfers will be charged $15 per debit.
Activate free eStatements to avoid a $3 monthly paper statement fee.