Commercial Money Market
A Commercial Money Market account lets you access your cash reserves with check-writing capabilities while maintaining security, liquidity or flexibility. A minimum deposit of $1,000 is required to open the account, and the service fee is waived when you maintain a balance of at least $1,000. Variable-tiered interest accrues daily on balances of $500 or more and is compounded and credited monthly.
Commercial Money Market accounts include:
- Online Banking and Bill Pay
- Telebanking
- eStatements or paper statements
Transfers from your account are limited to six per statement period via check, debit card, electronic banking, or telephone and electronic withdrawals. Transfers and withdrawals in person are unlimited.