If you are interested in earning a higher rate of interest than a regular savings account while enjoying the flexibility of limited check writing, then a Money Market account is a smart way to invest your money.
Regular Money Market
- $2,500 minimum balance required to open account
- Interest rate subject to change
- $10 service fee if the balance falls below $2,500 during month
- Transfers to another account or to third parties by preauthorized, automatic, or telephone transfers are limited to six per statement cycle; no more than six may be made by check
VIP Money Market
- $10,000 minimum to open account
- Interest rate subject to change
- Only one withdrawal allowed per statement period
- Withdrawals in excess of one per statement period are subject to $30 fee
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