Money Market Account

Description:

  • An interest bearing checking account with limited transactions   

Requirements:

  • Minimum opening deposit – $2,500.00
  • Minimum balance requirement– $2,500.00
  • There is a limitation of 6 withdrawals per monthly cycle.

Benefits:

  • Higher interest than an unlimited transaction account
  • Check images with monthly statement

Cost:

  • If the monthly average balance requirement is not maintained, a service charge of $10.00 will  be assessed, and no interest will be paid for the cycle.
  • For each withdrawal exceeding the limit, there  will be a $10.00 fee.