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Savings - Money Markets - CDs
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BUSINESS MONEY MARKET
With a variable interest rate and tiered interest rate structure, the higher your balance, the higher the interest rate.
Interest is compounded
monthly
Interest is earned on
collected balances
Interest Tiers:
$.01 - $2,499
$2,500 - $9,999
$10,000 - $24,999
$25,000 - $49,999
$50,000 - $249,999
$250,000 - $499,999
$500,000 and above
Minimum average collected
balance services fees:
$0 - $9,999 .............$10/month
$10,000+ ..................no charge
More than six withdrawals
per month ........................$20 each
Federal regulations limit you to no more than 6 debit transactions to third parties or to another account per monthly statement cycle.
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