Money market accounts are one of the most popular investment choices for any investor. You’ll earn higher dividends over traditional savings accounts and your funds are liquid so you can withdraw them at anytime and you're allowed unlimited deposits as well.
With only a $1,500 minimum balance and up to four withdrawals per calendar month, money market accounts are a great way to maintain access to your funds while earning higher rates. Dividends are computed daily, paid and compounded monthly.
|Money Market Account Rates|
|Effective Date: Wednesday, October 17th, 2018|
|Balance||Dividend Rate||Annual Percentage Yield|
|$1,500 - $24,999.99||0.15%||0.15%|
|$25,000 - $49,999.99||0.20%||0.20%|
|$50,000 - $74,999.99||0.25%||0.25%|
|$75,000 - $99,999.99||0.25%||0.25%|
|$100,000 & Over||0.30%||0.30%|
Dividends are paid and compounded monthly. Must maintain a minimum balance of $1,500 to obtain the disclosed annual percentage yield. Withdrawals limited to four per calendar month. Withdrawals in excess of four per month will be charged a $25.00 excess withdrawal fee. No withdrawal minimum. Fees may reduce earnings.