We will be closed Monday, May 26th for Memorial Day.
We will re-open Tuesday, May 27th with regular business hours.
Money Market Accounts (MMDAs)
Do you have savings goals you're trying to reach? Try one of our Money Market Accounts (MMDAs) to reach that goal quicker.
A MMDA is still qualified as a checking account. However, the interest rates are tiered, and the higher daily balance you hold, the higher interest rate you will earn.
Both of your MMDA options require only $100 to open the account and $1,000 average daily balance to avoid the $10 per month service charge.
See which option below fits your lifestyle the best and contact a Personal Banker today.
| Regular MMDA | Regular Super Saver | |
|---|---|---|
| Minimum Deposit to Open Account | $100 | $100 |
| Interest Bearing |  |
|
| Early Closing Fee | |
|
| ** Required Average Daily Balance to Avoid Service Charge | $1,000 | $1,000 |
| Service Charge | ** $10.00 per month if balance requirement not met | ** $10.00 per month if balance requirement not met |
Transaction Limitations: Transfers from a Money Market Deposit Account to another account or to third parties by preauthorized, automatic, or telephone transfer, or by check or similar order to third parties are limited to six per statement cycle.
Regular Money Market Rates
| Type of MMDA | Interest Rate | Annual Percentage Yield (APY) | Interest Computation |
|---|---|---|---|
| $1,000.00 & Over | 0.40% | 0.40% | Simple Interest - Paid Monthly |
| $999.99 & Under | 0.01% | 0.01% | Simple Interest - Paid Monthly |
Regular Super Saver Rates
| Type of MMDA | Interest Rate | Annual Percentage Yield (APY) | Interest Computation |
|---|---|---|---|
| $20,000 & Over | 1.34% | 1.35% | Compound Daily - Paid Monthly |
| $10,000.00 – $19,999.99 | 0.40% | 0.40% | Compound Daily - Paid Monthly |
| Under $10,000.00 | 0.01% | 0.01% | Compound Daily - Paid Monthly |
Apply Today
To apply for your Regular Money Market or Regular Super Saver, please fill out our online application. A Personal Banker will contact you to finalize the paperwork and answer any questions you may have.
