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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
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Benefits
- Interest Earned is Compounded Monthly
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Processed Items Returned in Your
Monthly Statement
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Free On-line Banking
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Free Telebanc 24 Hour Banking Service
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FDIC Insured
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Cost
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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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