The Commercial Money Market account is a limited access checking account that provides an interest earning feature for our larger business customers who are not eligible for a Commercial Interest Checking Account. The Commercial Money Market account offers the following features:
- Interest paid on actual daily balance
- Monthly Statement with imaged checks enclosed
- $2,500 minimum daily balance to avoid a $6.00 monthly maintenance fee
- Unlimited withdrawals if made in-person or via mail, ATM or by messenger
- Six preauthorized or telephone transfers out of the account permitted each month, three of which may be by check or draft
Interest Rates and Annual Percentage Yields are current as February 2, 2012. For up-to-the-minute rates, please contact one of our Branch Locations, or call us at 1-888-282-4030.
| Daily Balance of |
Interest Rate | Annual Percentage Yield |
| Up to $999.99 | 0.10% | 0.10% |
| $1,000.00 to $9,999.99 | 0.25% | 0.25% |
| $10,000 to $49,999.99 | 0.40% | 0.40% |
| $50,000.00 and Up | 0.50% | 0.50% |
The rate paid on the Commercial Money Market Account is subject to change without notice. Interest is based on a combination of competitive rates and the money market.
| Fee Schedule |
| Fee Type |
Rate |
| Maintenance fee if balance falls under $2,500 | $6.00 |
| Charge for each excess transfer or withdrawal | $10.00 |
