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Accounts: Money Market

 

Requirements:

  • Minimum balance to open - $1,500. 

Benefits:

  • Interest will be compounded monthly and paid monthly to account.   

Transaction Limitations:

  • No more that six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or other similar transactions from account per month or statement cycle.  

Fees:

  • No service charge unless balance falls below $1,500.  If balance falls below $1,500 on any day in the statement cycle, your account will be subjected to a $10 service charge for that statement cycle.
  • An excessive item charge fee of $5.00 will be assessed for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of (6) six during a statement cycle.

 

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