APY = Annual Percentage Yield. 

See 'Fees and Service Charges' for further details. Rates are subject to change without prior notice.

Minimum balance to earn dividends on Money Market Accounts is USD 2,500.

Effective Business Date:  

Money Market Account

Money Market Account

  • Summary
  • Benefits
  • Resources
Summary

A Money Market Account (MMA) is a dividend-earning account with the potential to generate higher returns than a  savings or  checking account. Because of the potential for higher returns, we require a minimum balance of USD 2,500 in an MMA to avoid service charges.

A Money Market Account may appeal to you if you are looking to invest money earmarked for a near-term expense, such as the down payment of a house, the purchase of a new car, or tuition payments. Funds may be withdrawn from a MMA at any time without any penalties.

If you do not need to access the funds in the near-term, and/ or you can not meet the MMA minimum balance requirement, you may want to consider a Share Certificate.

Benefits
Open a Money Market Account with us to take advantage of:
Log into Internet Banking, go to online forms and click on Money Market Account link under accounts.  
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