Money Market Account


Money Market Account

Our Money Market Accounts offer competitive rates of interest with check writing benefits and immediate access to collected funds. The interest rate and annual percentage yield will depend upon the daily balance in the account and the interest rate may change at the bank's discretion. Interest will be compounded monthly and will be credited to the account monthly. Statements are produced monthly.

The minimum opening deposit and the minimum collected balance to earn interest are both $1,000.00

Account Limitations

Each Statement Cycle or similar period, you may make six (6) of the following types of transfers from your account: preauthorized or automatic transfer, telephone agreement (including data transmission), order/instruction, or by check, draft, debit card or similar order (including POS transactions) made by the depositor and payable to third parties. Transfers and withdrawals made in person, by mail, or at an ATM are unlimited. Transfers between a customer's own accounts by means of our online banking products are also unlimited.

Account Fees

Activity and Maintenance Fee: $10.00 per withdrawal above six (6) per month. Withdrawals consist of checks or preauthorized transfers. A minimum balance fee of $5 will be imposed every month if the balance in your account falls below $1,000.00 any day of the month