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Commercial
Money Market
With
a $2,500 minimum deposit you can open a Commercial Money Market
Account that allows you to earn a competitive interest rate.
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No
service charge with a minimum daily balance of $2,500 or an
average balance of $5,000 |
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Interest
will be compounded daily on collected balances of $1,000 or
greater |
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Interest
will be credited to your account monthly |
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A
$15.00 monthly service charge will apply if the above balance
is not maintained |
Tier
I $1,000 - $9,999
Tier II $10,000 - $49,999
Tier III $50,000 - $99,999
Tier IV $100,000 |
Federal
regulations limit third party or preauthorized withdrawals to
six per statement cycle, or which only three may be made by check
or draft. A fee of $15.00 will be charged for each withdrawal
in excess of six during a statement cycle.
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