* All accounts require a minimum $100 opening balance
Business Money Market
• Minimum balance
requirement of $2500 to avoid monthly
service fee
• Interest
bearing
• Interest compounded
monthly and paid monthly
• Pays
higher rate of interest
• Up to 6 withdrawals or transfers
per month, of which 3 may
be by check, without charge
• Visa Business Debit/Check
Card (subject to approval)
Elite Money Market
• Interest bearing
• First order of checks free
• Minimum balance requirement of $150,000 to avoid monthly service fee
• Requires an additional account relationship with an average balance of $5000 (e.g. checking, savings account or loan)
• Interest compounded monthly and paid monthly
• May make 6 withdrawals or transfers, 3 of which may be by check or debit card, per month without charge
• With higher tiered interest rates, the more you keep in the account, the higher interest rate you will earn! |