If you want to earn a premium rate of return, yet have complete access to your money, take advantage of this interest-bearing account.
With the exception of loan payments to us, you may not make more than six (6) preauthorized, automatic, or telphone transfers (including telephone banking and bill pay, internet banking and bill pay, and PC banking payments and transfers) each month. Of these six (6) allowable transfers, no more than three (3) may be made by check, draft, debit card, check card or similar order made by the depositor and payable to a third party (provided such transactions are allowed by us for your particular type of account).
Federal banking laws define money market accounts as those with limited withdrawals. If you exceed these limitations, the bank may convert your account to an account that allows unlimited withdrawals which could be non-interest bearing. ATM withdrawals and withdrawals in person are unlimited, however, a $5 fee will be imposed for ANY withdrawal/debit greater than six (6) per statement cycle. We reserve the right to require a 7-day notice before withdrawal.