Money Market Checking Account
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The Money Market Checking account is considered a transaction account, however it functions more like a savings account, because it earns interest and the number of allowed transactions are restricted. A deposit of $1,000.00 or more will open a Money Market Checking account, and in order to avoid a service fee of $5.00, the balance should not fall below $1,000.00. Interest is paid according to the balance in the account as indicated in the following tier structure:
$1,000.00 - or more FREE
$ 999.99 - or less $5.00
Transactions for the Money Market Checking account are highly restricted and Money Market accounts are monitored for excessive activity. Only six pre-authorized, automatic or telephone transfers are allowed per statement cycle, and no more than three by check, ATM card, or draft. However, the customer is allowed to make unlimited withdrawals and transfers in person.
- Monthly bank statement summarizing checking activity
- Free Automatic Transfers available
- Free Direct Deposit
- Free Money Orders
- Free Cashier's Checks
- Free Notary Public Service
- Bank By Mail service available
- VISA Check/Cash card with approved application and $10.00 annual fee

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