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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 interest earnings based on a tiered interest rate
structure and allows up to six (6) withdrawals per statement cycle with no
more that three (3) by check, draft, or similar order to third parties.
A fee of $15 is applied to each withdrawal transaction in excess of the six (6)
or three (3) limitations. The low monthly maintenance fee 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.
- Competitive interest rate
- Unlimited deposits and teller visits
- Up to three (3) checks per monthly statement cycle *
- Interest earnings based on a tiered interest rate structure
- Free access to EZ Online Banking
- FDIC insured
*
We reserve the right to require 7 days prior notice to withdraw or
transfer funds from the account.
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