Business
Money Market
This is our special account designed for businesses that want to
maximize their earnings with competitive tiered market rates
without giving up access to their money or security of FDIC
insurance.
|
Required Opening Balance |
$1,000 |
|
Balance to Avoid Service Charges |
Minimum Daily Balance of
$2,500 |
|
Monthly Service Charges |
$10 per Statement Cycle
An excessive items charge
of $10 per debit item in excess of six during a statement cycle |
|
Interest Payment |
Compounded Daily, Paid
Monthly |
|
Transaction Limitations |
Transfer from a Business
Money Market account to another account or third party by
preauthorized, automatic, telephone of computer transfer are
limited to six per monthly statement cycle with no more than
three by check, draft, debit card or similar order to third
parties. |
Benefits
Effective 11/03/2008
|
From |
To |
Interest Rate |
Annual
Percentage Yield |
| 0 |
9,999.99 |
.250% |
.250% |
|
10,000 |
99,999.99 |
.450% |
.450% |
|
100,000 |
199,999.99 |
.750% |
.750% |
|
200,000 |
274,999.99 |
.950% |
.950% |
|
over 275,000 |
1.19% |
1.20% |
|
* FREE Unlimited Teller
Access
* FREE Online Banking
* FREE Notary Services
* FREE Business Debit Card
* FREE Treasury Tax and Loan Services
* FREE Night Depository
* FREE Monthly Imaged Statement
* Merchant Services Available
* Wire transfer service Available
* Commercial Deposit Courier Service
Available |
-
Annual
Percentage Yield assumes minimum
required balance is maintained for
a period of one year
-
Interest Rates are subject to change
at any time.
-
Annual
Percentage Yields are accurate as of
effective dates listed. Fees could
reduce the earnings on the account.
|
Online Banking
