Commercial Money Market Demand Account
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Required opening balance
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$1,000.00
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Monthly minimum balance
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$1,000.00
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Activity Fees
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$10.00 service charge per month if balance falls below minimum at any time during the statement cycle
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Interest Bearing
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Interest paid monthly*
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Special Features
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Number of checks limited per month
Monthly statements with images
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*Interest is accrued daily on collected balances at current market rates (subject to change) and paid monthly. At our discretion, we may change the interest rate and annual percentage yield on your account at any time. Interest begins to accrue on the business day you deposit cash or non-cash items. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. If you close your account, the accrued interest will be paid.
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