Tiered Business Money Market
Earn competitive market rates on a Tiered Rate structure
- Earn money market interest rate without a minimum balance.
- No maintenance fee when average daily balance is $2,500 or more.
- Over six third party checks or withdrawals per statement period - $10.00 per item.
- FDIC insured.
|Average Daily Balance ||Monthly Maintenance Fee |
|$2,500 or more||none |
|less than $2,500||$20.00|
Transaction limitations (see below)*
Money Market Tiers
$1 to $5,000 Basic Rate
$5,001 to $10,000 Higher Rate
$10,001 or more Highest Rate
*TRANSACTION LIMITATIONS: Federal Banking Regulations limit you to six (6) pre-authorized or telephone funds transfers to your other accounts or third party transactions per month, no more than six (6) can be by check, draft, or debit card. If you routinely exceed these withdrawal limitations, the Bank is required to convert your account to another account that permits unlimited check writing privileges.