Money Market Account

---

Description:

• This is an interest bearing account with a slightly higher rate and immediate access to your money, but a limited amount of withdrawals per month.

Requirements:

• You must deposit $2,500.00 to open this account.

• You may not write more than 3 checks on this account during a statement cycle.

Benefits:

• Your daily balance on this account earns interest, while you are able to make 3 withdrawals by check each month without penalty.

• Interest is compounded and credited monthly.

• We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.

Cost:

• A minimum balance of $2,500.00 is required to avoid monthly maintenance fee. A monthly maintenance fee of $10.00 will be charged if minimum daily balance falls below $2,500.00. Per check/debit fee of $10.00 per debit will be charged for each debit in excess of 6 during the statement cycle.