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  Money Market Demand Account   

A checking account for customers with limited activity who want to earn interest on funds. Minimum deposit to open $2,500.00.
 

Features   


   
  • Fee is waived if daily balance is $2,500.00. Fee is $10.00 per month if daily balance is below $2,500.00
  • Tiered interest rate. Interest compounded daily, credited monthly*
  • Limit of six (6) debits per month per statement cycle of which three (3) may be by check
  • No per check charge unless withdrawals exceed six (6) per month, then a $5.00 per check fee is charged for additional checks/debits
  • Unlimited in-person withdrawals
    *Interest compounded daily and credited monthly on average collected balances




Benefits
 
 

 
   
  • Interest earned. Easy to maintain
  • Collected balance is always earning interest
  • Earns higher interest on higher balances
  • Check and deposit imaging
    * NOTE: Limited activity account. Six (6) preauthorized transfers or withdrawals per month. No more than three (3) can be made by check. Withdrawals at the bank are unlimited. $5.00 fee per withdrawal in excess of limitations.