Money Market
A smart solution for saving towards you goals. Designed to have a higher interest rate than savings account, this financial vehicle will make your money work harder with no extra effort. The higher the deposit amount, the more beneficial the interest rate, insentivising you to save more.
Quick Facts
- $1,000 minimum opening deposit
- No penalty for closing or withdrawing
- Six withdrawals per month
- Dividends compounded monthly
| Account Types | Average Daily Balance Required to Obtain APY | Dividend Rate | Annual Percentage Yield APY | Dividend Frequency | Minimum Opening Deposit |
| Money Market (90) $1,000 - $49,999 | $1,000.00 | 0.02% | 0.02% | Monthly | $1,000.00 |
| Money Market (90) $50,000 - $99,999 |
$50,000.00 |
0.05% | 0.05% | Monthly | $1,000.00 |
| Money Market (90) >$100,000 | $100,000.00 | 0.05% | 0.05% | Monthly | $1,000.00 |
| Money Market (90) >$250,000 | $250,000.00 | 0.10% | 0.10% | Monthly | $1,000.00 |
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