Account Details
The tiered money market account is designed to reward you for maintaining higher balances, making it an excellent choice for those looking to grow their savings. In essence, the more substantial your balance, the greater the interest rate you can earn.
For instance, when your account balance exceeds $250,000, you’ll enjoy our most competitive interest rate—an advantageous reward for your financial commitment. If your balance falls between $100,000 and just under $250,000, you will receive a rate that corresponds to that specific tier, ensuring that you're still benefiting from attractive returns.
Even if your account holds a lower balance, you will still earn rates that are remarkably competitive, ensuring that all customers can reap the benefits of this account. This tiered structure incentivizes savings while providing flexibility and potential growth for your finances.
Disclosure Information
- Daily compounding with monthly crediting of interest
- Monthly statements
- Write checks on this account
- First order of checks is Free
- Access Funds with ATM Card
- Can be opened by partnerships, non-profit entities, small businesses and corporations
- Minimum to Open - $1,000
- Monthly Service Charge - $10
- Minimum to Earn Interest - $.01
- Balance to Avoid Service Charge - $1,000 Minimum Daily Balance
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