Interest is compounded daily, credited quarterly, and paid on collected balance of $100 or more.
Commercial Money Market
$2,500 minimum to open
$8 monthly maintenance fee
Maintenance fee can be avoided by maintaining a $2,500 daily balance
Transfer from a money market account to another account or to third parties by pre-authorized, automatic or telephone transfer are limited to 6 per monthly statement cycle with no more than 6 by check, draft, or similar order to third parties. Additional debits or checks/drafts are $5 each, regardless of balance