Commercial Money Market

Commercial Money Market

Limited check writing with interest earnings

  • Free 24 hour telephone banking
  • Free Internet Banking
  • A fee of $10.00 per item will be assessed in excess of 6 transactions.
  • Transaction Limitations:
  • Covered Transfers and Withdrawals
    • A depositor may make no more than six covered withdrawals per statement cycle.
    • Transfers or withdrawals made to another account of the same depositor at the same bank and to a third party, if made by preauthorized transfer, automatic transfer, by telephone, including fax, or with the bank's home or internet banking service.
    • Transfers to a third party, if made by check, draft, debit card, or similar order made by the depositor and payable to third parties.
  • Non-Covered Transfers and withdrawals:
    • There is no limit to the number of non-covered transfers or withdrawals.
    • Transfers for the purpose of repaying loans and associated expenses at the same bank.
    • Transfers from one account of the depositor to another account of the same depositor and withdrawals from the account, if made by mail, ATM, or in person.
    • Withdrawal made by telephone via check mailed to the depositor and transfer into the account.
  • You will receive a bank statement with imaging of cancelled checks.
  • An NSF fee of $ 30.00 will be assessed for any item being paid or returned.
  • If you close your account within 90 days a fee of $ 50.00 will apply.