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Money Market Deposit Accounts

Money Market Deposit Accounts
Account TypeDaily Minimum Collected Balance To Earn InterestInterest RateAnnual Percentage Yield
Individual & Business $0.00 to $2,499.99 0.00% 0.00%
  $2,500.00 to $24,999.99 0.05% 0.05%
  $25,000.00 to $49,999.99 0.05% 0.05%
  $50,000.00 to $99,999.99 0.05% 0.05%
  $100,000.00 to $249,999.99 0.05% 0.05%
  $250,000.00 to $499,999.99 0.10% 0.10%
  $500,000.00 to $999,999.99 0.10% 0.10%
  $1,000,000.00 and over 0.10% 0.10%

We use the Daily Balance Method to calculate the interest on your account. This method applies a daily periodic rate to the Balance in your account each day. Interest is accrued daily, compounded and credited monthly to your account from your accounts issue date. For the variable rate accounts (above), the rate of interest will be paid until the maturity date of the account.Penalty may be assessed for early withdrawal. APY is accurate as of January 8, 2013.