The Money Market Account is an account that earns a higher interest rate, but is limited on the check writing capability.
- This account requires a minimum of $100.00 to open
- $1,000.00 minimum daily balance will avoid a $10.00 monthly
service charge
- Free ATM and Debit Card capability
- Tiered Account
a) $0.00 - $9,999 – Interest accrued daily and paid monthly.
b) $10,000 & above – Interest accrues on all funds with daily available balances of
$10,000 and over and interest is paid monthly
- Transaction limitations
Transfers from a Money Market account to another account or to third parties by
preauthorized, automatic, or telephone transfer are limited to six per statement
cycle..