MONEY MARKET DEPOSIT ACCOUNT

Account Description: Savings Account that pays interest calculated on your average daily collected balance.

Requirements
  • $2,500.00 Minimum Opening Deposit 
Benefits
  • Interest Earned is Compounded Monthly
  • Processed Items Returned in Your Monthly Statement
  • Free On-line Banking
  • Free Telebanc 24 Hour Banking Service
  • FDIC Insured
Cost
  • A service charge of $15.00 will be imposed if the average daily balance for the monthly statement cycle falls below $2,500.00.

  • Transfers from a Money Market Account to another account or to third parties by pre-authorized, automatic, or telephone transfer are limited to six (6) per statement cycle with no more than three (3) by check, draft, debit card, or similar order to third parties. An activity fee of $10.00 will be imposed for each debit transaction in excess of six (6) during a monthly statement cycle.  

 

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