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Money Market Checking
Our Money Market checking account pays interest and offers you the ability to write up to three checks per month. Deposit balances determine interest rates.
- $1,000 minimum deposit to open account
- $1,000 minimum monthly balance to avoid service fees
- $8 service fee if daily balance is below $1,000
- Interest is earned on average collected daily balance.
- Interest is compounded and paid monthly
- Interest is earned each day the balance is $1,000 or more
- MasterCard Business Debit Card
- Check writing and withdrawal limitations: Regulations permit 6 transfers and withdrawals per statement cycle; up to 3 transactions may be made by check, draft or debit card, the remainder may be pre-authorized (automatic) transfers
- Monthly statement with images of checks and deposits
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