MONEY MARKET ACCOUNTS
Enjoy competitive rates without high risk. The higher your balance, the better the rate. While Money Market accounts have certain withdrawal limits, check writing privileges are available. There are two types of accounts to choose from. The one that is right for you depends on the average balance you plan to maintain.
PERSONAL MONEY MARKET ACCOUNT
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Minimum opening deposit: $100 |
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Minimum balance: $1,000 |
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Monthly Service Charge (if minimum balance is not maintained): $2.00 per debit transaction |
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Variable rate tiered account |
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Simple interest paid monthly on collected balance |
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Transaction limitations apply. Transactions exceeding the legal limit will be assessed a $15.00 service charge per debit |
PERSONAL INDEX MONEY MARKET ACCOUNT
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Minimum opening deposit: $100 |
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Minimum balance: $25,000 or maintain a $2,500 minimum balance in a checking or NOW account |
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Monthly service charge (if minimum balance is not maintained in either account): $15.00 per statement cycle |
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Variable rate tiered account |
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Simple interest paid monthly on collected balance |
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Transaction limitations apply. Transactions exceeding the legal limit will be assessed a $15.00 service charge per debit |
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Index is based on an Adjusted Money Fund Report Rate |
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