Business Money Market
Opening Deposit: $100.00
Maintenance Fee: $10.00 monthly if daily balance falls below $1,000 any day of the month
Per Item Fee: No
Interest Bearing: Yes
One more way to keep your money working for you.
- Earn a competitive variable interest rate subject to change daily on your account balance.
- No Minimum Balance to Earn Interest.
- Restricted Transactions: You may make no more than 6 pre-authorized withdrawals, automatic telephone transfers, computer transfers, checks, drafts and debit card or other similar transactions from your account per calendar month.
- Excess Restricted Transactions: will cause the account to be closed or transferred to a non-interest bearing account.
- Unrestricted Transactions: An unlimited number of withdrawals or transfer may be made by mail or telephone (when the check is mailed to the depositor) or when made in person or by messenger. Also, an unlimited number of transfers may be made to repay loans and associated expenses at the same institution.
- No charge for unlimited deposits.
- Monthly statement with check images provided.
- Early Closing Charge: $20.00 if closed within 90 days of date opened.
- Dormant/Inactive Fee: $3.00 will be assessed quarterly if the balance is less than $100.00, and there is no activity for 365 days. Please refer to fee schedule for other fees that may apply.