How is the interest calculated?
Interest on your account is compounded daily, based on your balance. The total earned is deposited on the 10th of each month, or the prior business day if the 10th is a weekend or holiday. Daily compounding helps your interest grow faster, since each day’s interest earns more interest. Note: The amount of interest paid […]
Are these rates introductory?
No, there is no introductory rate period. The rates shown apply to all new and existing accounts. This is a variable rate account and rates are subject to change at any time.
What rate will be applied to my Money Market account?
You will receive the advertised rate when you open your Money Market account. Please note that this is a variable rate account, and the rate is subject to change at any time without notice.
Are there any monthly maintenance fees for the Money Market account?
No, there are no monthly maintenance fees to keep your account active. For details on other services and potential fees, please refer to our Schedule of Fees.
Is there a minimum daily balance required to earn interest?
No, there is no minimum daily balance required to earn interest on this account.
What is a Money Market Account?
Money Market is a personal interest-bearing account that offers a competitive yield on your balance. It combines the earning potential of a savings account with the transactional flexibility of a checking account, including features like check-writing privileges and debit card.