When you're looking for the ideal deposit account to grow your money, our Money Market Savings* account provides the solution. This account can earn higher interest than other savings deposit accounts, depending on your account balance, with the convenience of a passbook..
- Maintain a $2,500 minimum balance to benefit from a higher interest rate
- The larger your account balance, the more you earn with this tiered, interest-bearing account
*Minimum $50 to open. If average daily balance falls below $2,500, a $5 monthly service fee is charged. ** The transfer limitations from a Money Market savings account to another account or to third parties by preauthorized, automatic, telephone or computer transfer or by check, draft or similar order to third parties has been temporarily suspended. Please see below for more information.
** Important Information about Electronic Transfers from Money Market / Statement Savings Accounts
The Federal Reserve Board has temporarily suspended the transfer limitations on statement savings accounts in order to ensure that customers have access to all of their funds during the COVID-19 Crisis. Effective immediately, the transfer limitations associated with Money Market and Statement Savings accounts have been suspended and you will not be charged a fee for electronic transfers that would have otherwise exceeded the limitations during this time. Until further notice, the Transfer Limitations paragraph in your account disclosure does not apply. If you have any additional questions please call your local branch.
For more information click here for account disclosures