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This interest bearing, limited transaction account is designed
for any individual desiring competitive earnings while having
access to their funds.
- Minimum Balance to open $1500.00
- Compounding and Crediting Frequency – Interest will
be compounded and credited monthly.
- Minimum Balance to Avoid Imposition of Fees
If your balance falls below
$1,500.00 on any day in the month, your account
will be subject to a $15.00 Maintenance Fee for
that month. An excess withdrawal fee of $15.00 per
transaction will be imposed on all transfers/withdrawals
over the stated transaction limitations.
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- Transaction Limitations – You may make six (6)
transfers from your account each month of which only three
(3) may be 3rd party drafts or checks
- Balance Tiers & Deposit Rates
- Interest Rates are tied to the account balance
Daily Bal. Less than $2500
– None
Daily Bal $2,500 to $9,999 – MMA Rate
Daily Bal. $10,000 to $14,999 – Bonus MMA Rate
Daily Bal $15,000 to $49,999 – Prime MMA Rate
Daily Bal $50,000 to $99,999 – Premium MMA
Rate
Daily Bal $100,000 or greater – Platinum MMA
Rate
Interest is calculated by the daily balance method
which applies a daily periodic rate to the balance
in the account each day. At our discretion, the
interest rate and annual percentage yield may change.
Interest will begin to accrue no later than the
business day we receive credit for the deposit of
noncash items (for example checks) into your account.
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