Business Deposit Accounts

Money Market Account

The Money Market Account is an interest bearing account with the interest rate tiered according to the balance maintained. Interest is paid on all outstanding balances. The three tiers are:

• $0 to $9,999
• $10,000 to $24,999
• $25,000 and higher

The Money Market account allows six transfers per statement cycle with no more than three by check. Checks are available at no additional charge.

• $1,000 minimum to open
• No monthly service charge if $1,000 minimum daily balance is maintained
• $8 monthly fee if minimum daily balance drops below $1,000
• Overdraft protection if qualified
• $5 fee per occurrence for excessive withdrawals