Business Money Market Accounts
Get the best of both worlds. Money Market accounts offer the liquidity you need and the higher dividends you want. Plus, you can use these accounts as an overdraft source for your business checking accounts.
Business Money Market Plus
| Business Money Market Plus |
| Balance |
Dividend Rate |
Annual Percentage Yield |
Dividend Rate with Business Interest
Checking |
Annual Percentage Yield with Business Interest Checking |
| $150,000 or more |
|
|
|
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| from $100,000 to $149,999 |
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| from $50,000 to $99,999 |
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| Less than $50,000 |
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| Dividends are calculated daily and paid monthly. The Annual Percentage Yield is accurate as of July 1, 2010. Rates are subject to change without notice. *During any statement period, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer or telephonic order or instruction. If you exceed the transfer limitations set forth above in any statement period, your account may be subject to closure by the credit union or to a fee of $10.00. Non-personal withdrawals in excess of 6 per month may not be paid and a return fee of $25.00 may be assessed per check. | |
No Minimum Monthly Balance Fee
What happens if your balance falls below the $50,000 minimum deposit? Your account will simply receive the current Business Money Market dividend rates.
Business Money Market Account
| Money Market Account |
|
Balance |
$2,500 to 9,999.99 |
$10,000 to $24,999.99 |
$25,000 to 49,999.99 |
$50,000 to 99,999.99 |
$100,000 to $149,99.99 |
$150,000 or more |
|
Dividend Rate |
0.100% |
0.200% |
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|
|
|
|
Annual Percentage Yield |
0.10% |
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$6 monthly service fee waived if you maintain a minimum daily balance of $2,500. Dividends are calculated daily and paid monthly. The Annual Percentage Yield is accurate as of July 1, 2010. Rates are subject to change without notice.
During any statement period, you may not make more than six non-personal withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized or automatic transfer or telephonic order or instruction. If you exceed the transfer limitations set forth above in any statement period, your account may be subject to closure by the credit union. | |
*6 maximum withdrawal transactions per month: checks written/paid, overdraft, withdrawal by telephone, through Online Banking, Call-24, ACH, debit, or allocation transfers. You may make unlimited withdrawals in person, at ATMs, by written withdrawal request delivered by mail or messenger, or by telephone request to mail a check payable to you at your address on file with us.