Commercial Money Market accounts earn interest at the prevailing market rate in four (4) tiers. Interest accrues daily and is paid monthly.
Tier I ........... $0 - $24,999.99
Tier II .......... $25,000 - $99,999.99
Tier III ......... $100,000 - $249,999.99
Tier IV ........ $250,000 & above
Minimum Opening Deposit - $100
If the balance falls below the minimum balance requirement the following service charges apply:
Monthly service charge: $25 per month
$ 0.20 statement entry per statement cycle
$ 0.10 per deposit item per statement cycle
Six (6) withdrawals are permitted per month. Excessive withdrawals will be charged $15 per item. Deposit item fees apply if total deposited items exceed 25 per month regardless of account balance.
Activate free eStatements to avoid a $3 monthly paper statement fee.