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 the lobby Additional deposits may be made to account at any time and in any amount FDIC insurance Who Is Eligible: Individuals Businesses, including partnerships & corporations Organizations

Benefits: Convenience Flexibility Flexibility Safety Opening Requirements: Minimum $2,500.00 Social Security Number or Tax ID number