The premise is simple—the more you save, the more you earn. With this tiered savings account, as your balance goes up…so does your interest rate earning you a better return on your money. The Money Market Account offers limited access to funds, including checking privileges, so you can easily access your money should you ever need to.
Requirements
- Minimum balance to open - $2,500
- No monthly maintenance fee when the monthly average available balance is $2,500 or greater.
Benefits
- Variable interest rate
- Interest rate earned is dependent on the balance
- ATM/Debit cards available with no annual fee or transaction fees
- An imaged reproduction of your original check will be included with your monthly statement
- 5 free withdrawals per statement cycle
- Free internet banking
- Free phone banking
Cost
- $10.00 fee per statement cycle if the monthly average available balance falls below $2,500
- $2.00 fee for each withdrawal in excess of 5 per statement cycle
- $2.00 fee for each deposit in excess of 6 per statement cycle