Earn higher interest rates when compared to our regular savings account.
no | Personal Money Market |
|---|---|
| Minimum to Open | $100 |
| Monthly Maintenance Fee Waiver | $2,500 Min Balance |
| Monthly Maintenance Fee | $8 |
| Statement Fees | $3 / month Paper
-OR- Free Electronic statements |
| Tiered Interest Rates | Current Rates |
| Online Banking with Bill Pay | Free |
| Mobile App | Free |
| No Penalty Withdrawals | Unlimited in-person withdrawals
Free ATM withdrawals |
| Limited Transactions | Checks, pre-authorized transfers, telephone transfers: 6 Per Statement Cycle. $5 per transaction in excess thereafter |
| ONLINE ACCOUNT OPENING | Apply Now |
Rate Information – Your interest rate and annual percentage yield may change.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest will be compounded every month. Interest will be credited to your account every month.
Effect of closing an account – If you close your account before interest is credited, you will not receive the accrued interest.
Minimum balance to open the account – You must deposit $2,500.00 to open this account.
Minimum balance to avoid imposition of fees – A maintenance fee of $8.00 will be imposed every statement cycle unless you maintain either a minimum daily balance of $2,500 for the monthly statement cycle.
Daily balance computation method – We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits – Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Transaction limitations: Transfers from a Citizens Money Market account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per statement cycle with no more than three by check, draft, or similar order to third parties.