MONEY MARKET DEPOSIT ACCOUNT
Definition: A Money Market Deposit Account is a savings account that earns a competitive interest rate and provides the depositor access to funds by check. Features: Up to 6 withdrawals or transfers may be made per month without a fee Unlimited withdrawals in person Additional deposits may be made to account at any time and in any amount FDIC insured Benefits: Convenience Flexibility Flexibility Safety Who Is Eligible: Individuals Businesses, including partnerships & corporations Organizations Opening Requirements: Minimum $2,500.00 Social Security Number or Tax ID number
Definition:
A Money Market Deposit Account is a savings account that earns a competitive interest rate and provides the depositor access to funds by check.
Who Is Eligible:
Opening Requirements:
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