The Insured Deposit Program offers you no term, instant liquidity, a competitive interest rate, and full FDIC coverage on deposits larger than $250,000.
Insured Money Market
Tiered interest rate structure
Minimum opening deposit of $10,000
No monthly service charge
Minimum withdrawal amount $5,000
Interest is compunded and credited to the account monthly
More than 6 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.
Enrollment in the Insured Deposit Program requires a combined deposit relationship of $250,000. Interest is compounded and credited to the account monthly. Higher balances pay higher interest. Fees on interest bearing accounts may reduce earnings
