Rate Information:  This account is an interest bearing account. The interest rate and annual percentage yield will depend on the daily balance in the account. We may change the interest rate & APY on the account weekly.  Interest will be compounded quarterly.

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

Limitations: You must deposit $2,500.00 to open this account. Transfers must be in dollar amounts of $500.00 or more. Preauthorized transfers are limited to no more than three each four week period, with no transfers by check, draft, debit card, or similar order to third parties.  If you exceed this limit after we have contacted you, we will either close this account and place the funds in another type of account you are eligible to hold, or we will take away the draft and transfer capacities of this account.

Account Fees: Should the daily balance in your account fall below $2,500.00 any day during the  statement cycle, we will impose a service charge of $7.50, and your money market account will assume the interest rate and resulting annual percentage yield currently being offered on our NOW account. A fee of $2.00 per excess occurrence applies to this account.