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Money Market Checking
Money Market Checking Account
Individuals, sole proprietorships, not-for-profit corporations operated primarily for a charitable purpose are just a few of those who would be eligible for this NOW Money Market Checking Account. Features include:
$0 to $ 1,999 |
$2,000 to $ 9,999 |
$10,000 and above |
The interest rate paid will be based on tiered account balance levels - the higher the balance - the higher the interest rate. Interest rates are subject to change at the discretion of the bank. Rate sheets are available in the lobby or by clicking here.
Interest is compounded monthly and credited at the end of each statement cycle. If the daily balance during the monthly cycle falls below $1,000, there is a $6 monthly maintenance fee. If the average daily balance for the monthly cycle is $2,000 plus, the fee is waived.
If your account is closed before interest is credited, accrued interest is not paid.
Non-eligible customers include corporations, partnerships, associations, estates, business trusts, credit unions, mutual insurance companies, farm co-ops, and any organization operating for profit.
Initial deposit requirement is $100.
Dormant Account Fee
An inactive account fee of $3 per month will be assessed when the account is inactive for 1 year through 5 years.
Early Closing Fee
If the account is closed within the first six months, an early closing fee of $15 will be charged.
Call today (618)234-9500. We look forward to being of service to you!
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