Regular MMDA – First Choice MMDA – New Beginnings MMDA
Regular Money Market Deposit Account(MMDA)
Regular Money Market accounts provide market rates with low minimum balances.
Features
- $1,000 minimum deposit to open
- $6 monthly service charge if balance falls below $1,000
- Limit of 6 pre-authorized transactions per statement cycle
- Tiered interest rates
- Market Rate 1: $1,000
- Market Rate 2: $10,000
- No minimum balance to earn regular interest rate
First Choice Money Market Deposit Account (MMDA)
First Choice Money Market accounts are designed for individuals wishing to maximize their returns.
Features
- $10,000 minimum deposit to open
- $10 monthly service charge if balance falls below $10,000
- Tiered interest rates
- Market Rate 1: $10,000
- Market Rate 2: $25,000
- Market Rate 3: $75,000
- Market Rate 4: $150,000
- Market Rate 5: $250,000
- Limit of 6 pre-authorized transactions per statement cycle
- Check writing ability
- FREE notary service
New Beginnings Money Market Account (MMDA)
Planning a wedding or preparing for your first child and need a polite way to ask for cash? If you answered yes, then a New Beginnings Money Market Account is what you need! With this account, you receive registry cards for your bridal, wedding, or baby shower just like a department store only instead of a wrapped gift, you receive cash, deposited directly into your account!
Features
- No minimum deposit to open
- Minimum balance to earn interest is $1,000
- Registry cards provided
- Premarital Financial Counseling book or Financial Guidebook for New Parents provided
- 5 starter checks included
- 6 checks allowed per statement cycle
- To avoid a $6 monthly service charge you must enroll and confirm your account in eStatements
Contact a branch office nearest you for more information.