Money Market Savings
If you want to earn a good rate and have quick access to your money, Money Market Savings is for you.
With this account, you can write up to three checks a month and make a total of six withdrawals a month (including checks) for free. You earn a higher rate as long as you maintain a minimum balance of $1,000. Save more, and have more access, with Money Market Savings.
$1,000 minimum balance required to open. $10 fall-below fee.
Rates effective for the week of 10.27.2020.
Money Market Rates
| Account Type | Min. Balance to Obtain APY* | Interest Rate** | Annual Percentage Yield |
|---|---|---|---|
| Personal Money Market Savings | $0 to less than $10,000 $10,000 to less than $50,000 $50,000 to less than $100,000 $100,000+ | 0.02% 0.10% 0.25% 0.25% | 0.02% 0.10% 0.25% 0.25% |
| Business Money Market Savings | $0 to less than $10,000 $10,000 to less than $50,000 $50,000+ | 0.02% 0.10% 0.25% | 0.02% 0.10% 0.25% |
*Federal regulations limit the number of withdrawals and/or transfers that may be made from a savings account by telephone/PC transfer, pre-authorized transfer, check or debit card. You are limited to six withdrawals and/or transfers from your savings account each month by pre-authorized transfer or telephone/PC transfer, including bill payments. And, if the account permits, transfers by check or debit card. A $10 charge is assessed for any withdrawals and/or transfers exceeding a total of 6 per month.