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.
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.
Account Type | APY | Minimum Deposit | Minimum Balance |
---|---|---|---|
REGULAR SHARES | 0.1% | $5 | $25 |
SHARE DRAFTS | 0.05% | $25 | |
CHRISTMAS CLUB | 0.2% | $0 | |
TRADITIONAL IRA SHRS | 0.85% | $0 | |
ROTH IRA SHARES | 0.85% | $0 | |
SUB SHARES | 0.1% | $25 | |
MONEY MARKET SHARE | 0.85% | $2500 | |
MONEY MARKET SHARE | 0.85% | $5000 | |
MONEY MARKET SHARE | 1.06% | $25000 | |
MONEY MARKET SHARE | 1.26% | $50000 | |
MONEY MARKET SHARE | 1.51% | $100000 | |
MONEY MARKET SHARE | 2.02% | $250000 | |
HSA CHECKING ACCOUNT | 0.05% | $0 |