|
Commercial Savings
|
Commercial MMDA
|
Public Funds MMDA
|
|---|
- Variable rate interest bearing account
- $100.00 minimum to open
- 3 free withdrawals per month ($1.00 fee per withdrawal after 3)
- Average daily balance below $100.00 incurs $3.00 fee
|
- Variable rate interest bearing account$1,500.00 minimum to open
- 6 withdrawals allowed per month (3 free withdrawals, $2.00 per withdrawal after 3)
- Balance below $1,500.00– $3.00 fee and interest reverts to Regular savings rate
|
- Variable rate interest bearing account $25,000.00 minimum to open
- 1 free withdrawal per month ($15.00 per withdrawal after 1, up to 6 per month)
- Balance below $25,000.00 – Interest reverts to Regular Money Market rate
|
Savings Rates
Rates are effective as of February 16, 2024.
|
Accounts
|
Rate
|
APY
|
|---|
|
Regular Savings
|
0.75%
|
0.75%
|
|
MMDA (Under $1,500)
|
0.75%
|
0.75%
|
|
MMDA ($1,500-$9,999.99)
|
1.75%
|
1.76%
|
|
MMDA ($10,000-$24,999.99)
|
1.75%
|
1.76%
|
|
MMDA($25,000-$99,999.99)
|
2.00%
|
2.02%
|
|
MMDA($100,000-$249,999.99)
|
2.00%
|
2.02%
|
|
MMDA($250,000 & Over)
|
2.00%
|
2.02%
|
|
Diapers/Diplomas (Under$2,500)
|
0.60%
|
0.60%
|
|
Diapers/Diplomas (Over $2,500)
|
0.65%
|
0.65%
|
|
