MONEY MARKET DEPOSIT ACCOUNT (MMDA)
Money Market Deposit Account is a nice way to earn more interest than you would with a regular savings account. Unlike a certificate of deposit, you have the flexibility to withdraw your funds without a penalty.
Money Market Deposit Account
- $2,500.00 minimum balance to open account
- Tiered interest according to balance
- Interest paid monthly
- Unlimited lobby transactions
- Monthly statements
- No more than 6 preauthorized transfers are allowed per month.
- $5.00 fee if account falls below $500.00
