Money Market

Money Market Account Fees & Disclosures

Rate Information: This Account is an interest-bearing account. The interest rate and annual percentage yield (APY) is subject to change at our discretion no more than weekly. Interest begins to accrue on the business day of your deposit. Interest will be compounded and credited to the account quarterly. If the account is closed before interest is credited, you will not receive the accrued interest. For the most current interest rate and annual percentage yield (APY), please contact your local branch.

Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.

Limitations: You must deposit $2,500.00 to open this account. You may make six (6) transfers from your account each four (4)week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

Account Fees: A minimum balance fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the monthly statement cycle. An excessive withdrawal fee of $10.00 will be assessed for each debit in excess of six (6) during a monthly statement cycle.