Money Market Funds are a great way to insure your short term cash is never idle or earning a penny less than it should. As one of the most accessible and conservative investments you can make, it's a flexible cash management tool and sensible investment vehicle wrapped into one.

Interest

Your interest rate and annual percentage yield is adjustable and may change at any time. The interest you earn will be compounded monthly and posted to your account at the end of each month. Dividends are calculated by the Daily Balance method, which applies a daily periodic rate to the balance in the account each day.

Minimum Balance Requirements

We require $1500.00 as the minimum deposit to open the account. If the $1500.00 minimum balance is not maintained, a $20.00 fee will be imposed. The account will not earn the APY disclosed.

Transaction Limits

Checks written must be greater than $499.99. Amounts written for less will be returned. Deposits must be at least $200.00. ACH activity is not allowed and there is no overdraft protection for this account.

Fees

Any returned checks and/or ACH items will be assessed a $29.00 fee. There is a $20.00 fee if the balance falls below $1500.00. If an account is closed before 30 days, you will be charged a $25.00 fee. If you would choose to order the checks, you are responsible for the cost of the printing.