Money Market Max Account
A savings account with limited check writing convenience, a higher interest rate, and higher balance requirement, for the serious saver.
The Money Market Max Account offers the following:
- Limited check writing
- Interest bearing account
- Check safekeeping required
- Monthly statement
- Immediate access to your funds
Recommended if you:
- Can invest at least $10,000
- Cannot commit your funds for a specific period of time
- Want limited check access to your investment fund
- Want to earn higher interest as you increase your balance
Benefits
- You can earn a higher interest rate on your money
- Good liquidity with no minimum investment period and limited check access
- In-person withdrawals do not count in six-debit limit, which provides more access to funds
Important Facts
- Minimum to open: $10,000
- Interest is compounded and paid monthly
- Can make transfers by preauthorized, automatic, check or draft to third parties
- Monthly statement
- For average daily balances of $10,000 or more, there will be no monthly maintenance fee
Fee Information
- Maintenance Fee: $10 per month maintenance fee if average daily collected balance falls below $10,000