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Accounts: Money Market

 

Requirements:

  • Minimum balance to open - $1,500. 

Benefits:

  • Interest will be compounded daily and paid monthly to account.   

Cost:

  • No service charge unless balance falls below $1,500.  If balance falls below $1,500, a statement cycle service fee of $10 will be imposed.
  • An item fee of $5 will be charged per statement cycle for excess of six (6) transactions each cycle.   [Six (6) transactions means transfer to another account or third parties by pre-authorized, automatic, or telephone transfer or check or draft.]  Unlimited transfers are permitted for in-person transactions. 

 

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