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Money Market Deposit Account
Features:
- Minimum deposit of $2,500.00
required for opening account.
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This is an interest bearing
account.
- If the balance
falls below $2,500.00 any day of the month there is a $7.50
minimum balance charge.
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The minimum average daily balance required to earn interest is
$2,500.00.
- There are no
checking features.
- This
account allows a maximum of six transfers or withdrawals per
month.
- Balances are FDIC
insured.
- A monthly
statement is provided with all cancelled items.
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Benefits:
- This account will allow for
profit corporations, partnerships or associations to earn
interest on excess money.
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Interest earnings can be improved
because this account compounds monthly verses other accounts
that pay interest on a semi-annual basis.
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Your money is safe because the
federal government insures it.
Effective April 11, 2000
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Other fees may be charged on
your statement:

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