Money Market High Yield Savings

Variable interest rates are established weekly, compounded daily, calculated on a 365 day factor and paid on the 7th day of each month. The minimum deposit to open the account is $1,000. There will be a $6.00 service charge when the balance drops below $1,000. any time during the monthly cycle. The statement cycle is cut off on the 7th day of each month. A statement will be mailed within 7 business days of the cut off date. The first 40 printed checks are free. Transfers to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per statement cycle, with no more than 3 by check or similar order to third parties. However, there are no restrictions on the number of withdrawals that you may personally make in our office.

 

 

 

Member FDIC
 Equal Housing Lender