Money Market Checking account rates are tiered so as your balance goes higher you earn more interest. Interest is compounded daily. The number of third party checks you may write and the number of pre-authorized transfers you may make each month are limited by banking regulations. There are no limits to the number of transfers you may make to your other accounts when you visit the branch in person.
Posted Rates and Annual Percentage Yields (APY) are effective as of 06/02/14.
|
Avg. Daily Balance |
Rate |
APY* |
|
under 49,999.99 |
0.10% |
0.10% |
|
50,000 - 149,999.99 |
0.15% |
0.15% |
|
150,000 - 449,999.99 |
0.20% |
0.20% |
|
450,000 - 749,999.99 |
0.25% |
0.25% |
|
750,000 - 1,499,999.99 |
0.30% |
0.30% |
|
1,500,000.00 + |
0.40% |
0.40% |
This is a variable rate account and the interest rate may change for each disclosed tier at any time at the discretion of the bank. $2,500.00 minimum deposit to open account, and minimum balance to earn the disclosed APY is the lowest figure in the disclosed tier range. Fees may reduce the earnings on the account.
*Annual Percentage Yield