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MONEY MARKET ACCOUNTS

 

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Minimum amount to open your Money Market account is $2,500.00.

 

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Deposits can be made in person, by mail, night drop, payroll deduction, or by PEAK TELLER 24 (audio response). 

 

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Dividends are computed on the average daily share balance and will be paid monthly.

 

WITHDRAWALS/TRANSFERS

 

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No more than six (6) withdrawals/transfers are allowed in any calendar month and no more than three (3) of these six may be made to a third party.

 

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For each withdrawal/transfer after the first three (3), there is a $15.00 per withdrawal fee and must be made in person.

 

MINIMUM BALANCE

 

Dividends shall be paid on funds in the account as described before, provided that the balance in the account during each day of the month equals or exceeds $2,500.00.  If the account balance is reduced below $2,500.00 on any day, the remaining amount will be transferred to your share account and the Insured Money Market Account will be closed.  Money Market accounts will be administered in accordance with the State regulations and rules established by the Board of Directors.

 

for the current

money market rates

 

 

 

 

 

 

 

 

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