 This account offers the ability to earn a higher interest rate with the flexibility of free access to some of the money each month. Features include:
- minimum opening amount and monthly balance of $2,500, or small service fee of $5 per month and no dividends earned;
- use of up to three checks allowed per month, or $10 service fee per additional check without payment to recipient; and
- minimum withdrawal of $500.
| Money Market Account |
Balance |
Rate |
| Less than $50,000 |
2.00% |
| $50,000 - $74,999.99 |
2.25% |
| $75,000 - $99,999.99 |
2.50% |
| $100,000 and over |
2.75% |
| *These rates are subject to change upon board approval. |
| Requirements: |
| Minimum opening balance: |
$2,500.00 |
| Minimum withdrawal: |
$500.00 |
| If balance falls below minimum of $2,500.00 |
$5 service charge per month |
| Account Limitations: |
Account transfer limitations apply. REGD applies. |
| Dividends credited: |
Monthly |
| Dividends compounded: |
Monthly |
| Dividend period: |
Calendar Month |
| Dividend rate: |
As posted by CMAR CU |
| Check issued? |
Yes |
| Over 3 checks per month |
$10.00 each check and check will be returned UNPAID |
|
