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Money Market Insured Checking Account Image

Money Market Insured Checking Account

Interest is calculated by the daily balance method, with highly competitive rates.

Requirements:

  • Minimum balance to open $2,500.00
  • During any calendar month, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a pre-authorized or automatic transfer or telephone order or instruction, or by check, draft, debit card or similar order to a third party. If you exceed the transfer limitation set forth above in any statement period, your account will be subject to an excessive withdrawal fee.

Benefits:

  • No Daily Minimum Balance Fee with $2,500.00 minimum daily balance
  • Highly competitive rates

Cost:

If your balance falls below $2,500.00 on any day in the statement cycle

  • Your account will be subject to a $10.00 minimum balance fee for that statement cycle
  • An excess check, auto-transfer, ACH, ATM, or POS debit charge of $5.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of six during a monthly statement cycle
  • An early closing fee of $50.00 will be charged on accounts closed within 90 days of the opening date of the account
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