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Shared
Money Market Account
A Money Market Account is a great way to earn interest,
save money, and manage investment accounts. We
recommend to every bank customer the addition of a money
market account to compliment their checking account.
This basic package of services, checking account, overdraft
protection and MMA allows you to clear your deposits,
pay your bills, cover a rainy day, and earn interest
on your liquid funds.
The Shared Money Market Account is available for individuals and businesses that have a checking account.
| Shared
Money Market |
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|
| Minimum Balance to Open |
$500 |
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| Minimum Balance to Avoid Monthly Maintenance Fee |
$0 |
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|
| Monthly Maintenance Fee |
None |
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|
| Transaction Fees |
6 pre-authorized transfers
or withdrawals per month allowed, each additional
debit is $10: No more than 3 may be made
payable by check, draft or similar order |
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|
| Minimum Balance to Earn Interest |
Earn interest on your entire
account balance |
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|
| Tiered Interest Rate Offering |
Interest Tiers: |
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|
Level |
Annual Percentage
Yield |
Interest
Rate |
| $0.00 – $4,999.99 |
1.000% |
1.000% |
| $5,000.00 – $24,999.99 |
1.050% |
1.050% |
| $25,000.00 – $49,999.99 |
1.160% |
1.150% |
| $50,000.00 -$99,999.99 |
1.410% |
1.400% |
| $100,000 and over |
2.020% |
2.000% |
|
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Rates Effective 07/21/08 |
| Check Printing |
Complimentary selected checks
are provided for you at no charge. |
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