Money Market Deposit Account
To make the most of your investment, a Money Market account is a good "savings" choice. This account offers tiered interest rates that allows you to earn more as you save more. The minimum opening deposit for this account is $2,500.00.
No monthly maintenance fee will be assessed if your Monthly Statement's Daily Minimum Ledger Balance is $2,500.00 or more. A monthly maintenance fee of $15.00 will be deducted if your Monthly Statement's Daily Minimum Ledger balance is under $2,500.00. You may make six (6) withdrawals to third parties; each subsequent third party is $15.00. Each third party withdrawal must be issued for $500.00 or more. An under transaction limit fee of $15.00 will be deducted for each third party withdrawal that is issued for under $500.00. You may deposit forty (40) checks each monthly statement period; each subsequent check deposited is $ .25 cents.
Negative collected balance usage fee: Prime plus 2%
If you close your account within three (3) months from the opening date, an Early Closing fee of $10.00 will be assessed.