Business Money Market Plan

• Transaction limitations of up to six (6) withdrawals or transfers to another bank account of yours or to a third party by means of a pre-authorized, automatic transfer or telephonic order or instruction, whether initiated by check, draft, debit card, if applicable, or similar order to a third party per monthly statement cycle.
• These accounts are available to Sole Proprietors, Partnerships and Corporations.
• We reserve the right to require seven (7) days prior notice to withdraw or transfer funds from the account.  A new account closed within 90 days will be charged $25.00.
• For a complete description of our business money market product and services, including information concerning interest rates, fees, balance computation methods, and crediting of interest, please contact us.

Business Money Market Account

This is an interest earning account that combines the need for a higher rate of return and the convenience of writing checks. An initial deposit of $2,500 is required to open this account. This account offers an interest earnings based on a tiered interest rate structure and allows up to six (6) withdrawals or transfers to another bank account of yours or to a third party by means of a pre-authorized, automatic transfer or telephonic order or instruction, whether initiated by check, draft or similar order to a third party per monthly statement cycle. A fee of $15 is applied to each withdrawal transaction in excess of the six (6) limitation. The low monthly service charge of $15 and .35 per debit fees are waived with a minimum daily balance of $2,500. If the account is closed prior to the regular statement date, no interest will be paid for the current statement period. A new account closed within 90 days will be charged $25. This account is available to Sole Proprietorships, Partnerships and Corporations.

Account Benefits

* We reserve the right to require 7 days prior notice to withdraw or transfer funds from the account.