Money Market Accounts
|Account Selection||Preferred Money Market|
|Minimum to Open||$1000.00|
|Minimum Ledger Balance to avoid maintenance cost||$2,500.00|
|(1) Item Charge||$5.00 per excessive MMDA debit|
|Interest Paid Frequency||Monthly|
- 1. Federal Regulations allow for a maximum of six (6) pre-authorized, automatic or telephone transfers each month of which six (6) may be checks or drafts written per month, with unlimited in-person withdrawals permitted.
- 2. Monthly with combined statement or an electronic fund transfer. Otherwise quarterly.
- 3. Your monthly statement will include laser images of your cancelled checks.
For additional information on our Money Market products, please contact our Personal Banking Team.