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Step-Up
Money Market
A checking account for
customers maintaining higher dollar balances with limited access.
Minimum opening deposit of $25,000.00. |
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Features |
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- Fee is
waived if daily balance is $25,000.00. Fee is $10.00 per month
if daily balance is below $25,000.00.
- Tiered
interest rate. Interest compounded daily, credited monthly.*
- Maximum
withdrawals per month are six (6). If two (2) are exceeded,
then a charge of $20.00 per withdrawal will be imposed.
*Interest compounded daily and credited monthly
on average collected balances
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Benefits |
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- Interest-bearing
- Check
and deposit imaging
- Collected
balance is always earning interest
- Earns
higher interest on higher balances
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