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Money
Market Accounts
A
Money Market Account is a deposit account with a tiered rate
structure that lets you earn a higher dividend rate by keeping
more funds on deposit in your account. A Money Market Account
pays a higher rate of return than our Share Savings and unlike
other types of investments, you can access your funds.
You
can make transactions in the following ways:
- In
person. Simply stop by one of our offices.
- By
check. You can order checks for your Money Market Account
when you open it.
- Through
our audio response system, Toby 24. Call
1-800-253-2334 anytime day or night.
- Through
our home banking service 24/7
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You
can make an unlimited number of deposits into your Money
Market Account each month. Since we do pay a higher rate
we only allow a maximum of six pre-authorized withdrawals and/or transfers
per month also no more than three withdrawals/ transfers
can be made by check.
A minimum balance of $2,500 is required to earn dividends. Dividends are based
on the average daily balance in the account. They are posted to your Money Market
Account every month.
Click Here to Open One Now |
Range |
APR* |
APY** |
$2,500.00 |
$9,999.99 |
.499% |
0.50% |
$10,000.00 |
$49,999.99 |
.747% |
0.75% |
$50,000.00 |
$99,999.99 |
.846% |
0.85% |
$100,000.00 |
$499,999.99 |
.896% |
0.90% |
$500,000.00+ |
.896% |
0.90% |
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* Annual
Percentage Rate
** Annual Percentage Yield
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