Commercial Money Market

Minimum to Open

$5,000.00

Rate Information

This account is an interest-bearing account. The interest rate and annual percentage yield are included in the Rate Schedule. The interest rate/tier and annual percentage yield may change daily. The interest rate and annual percentage yield depend upon the applicable rate tier. The interest rate of the applicable tier will apply to the entire daily balance in the account. Interest begins to accrue on the first business day of your deposit. Interest is compounded and credited monthly on the last business day of the month.

Balance Information

We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day.

Account Fees

A monthly service charge will be assessed if the daily balance in the account falls below $1,000.00 any day during the statement cycle. Related Account fees are found in the Schedule of Fees. Fees could reduce earnings.

Limitations

Commercial customers are prohibited from participating in unlawful Internet gambling.

Additional Services

Business online banking offers the services needed to keep your business on track including, wires, ACH, Direct Connect, and more.