BusinesSelect Money Market

BusinesSelect is our Premium Money Market account allowing you to earn a tiered rate of interest on your balances.

• Minimum opening deposit: $1,000.
• Minimum balance: $10,000.
• Monthly Service Charge: $10 if balance falls below minimum.
• Other Service Charges: Six debit transactions per month are allowed. Unlimited over-the-counter and ATM transactions. $10 Withdrawal Fee assessed for each on or over 6.
• Interest is calculated based on simple interest applied to the daily collected balance. Interest is credited at statement time; however, the accrued interest is available for closing withdrawals.
• The rate earned is based on the following tiers:
  • $ 0 - $ 9,999
  • $ 10,000 - $ 24,999
  • $ 25,000 - $ 49,999
  • $ 50,000 - $ 99,999
  • $100,000 - $149,999
  • $150,000 - $499,999
  • $500,000 +
• Statement: Itemized monthly statement with imaged checks.

Service fees and per item charges are subject to change without prior notification.