If you have some money saved up that you don’t plan on using for the next few months, then this is where you put it. It’s really just a higher yielding share account. The only restrictions are that there is a minimum balance of $2,500 and a maximum of 4 withdrawals a month with a minimum withdrawal of $100.00. There are no fees charged when taking out your money.
Interest: See rate sheet below
Fees: See transaction limitations for only fee
Minimum Initial Deposit: $2,500
Minimum Daily Balance Required: $2,500
Minimum Age to Open: none
Minimum deposit & withdrawal amounts: $100 after initial deposit
Transaction Limitations: 4 withdrawals per month, over 4 will incur a $10.00 fee for each occurrence. Cannot be used for overdraft protection on a checking account.
|TRADITIONAL IRA SHRS||0.85%||$0|
|ROTH IRA SHARES||0.85%||$0|
|MONEY MARKET SHARE||0.6%||$2500|
|MONEY MARKET SHARE||0.6%||$5000|
|MONEY MARKET SHARE||0.85%||$25000|
|MONEY MARKET SHARE||1.01%||$50000|
|MONEY MARKET SHARE||1.26%||$100000|
|HSA CHECKING ACCOUNT||0.05%||$0|