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Money Market Indexed Account
A high-interest savings option for Free and Interest Checking customers
Money Market Indexed Accounts are for Free Checking and Interest Checking customers who prefer to keep large savings account balances and don't require frequent access to the funds.
A Money Market Indexed Account offers customers a high interest rate and access to funds in person, by check and electronically. Transfers to another account or to third parties by preauthorized, automatic or telephonic (including data transmissions) agreements are limited to six per month, with no more than three by check, debit card or similar order to third parties. In person or ATM transactions do not count toward these limitations.
Money Market Indexed Features and Benefits:
- $10,000 to open
- Must be bundled with Free Checking or Interest Checking
- A premium interest is paid for the first 90 days, then the interest is adjusted based on the current discount rate for the 13-week Treasury Bill
- Online access to deposit accounts through free E-Bank
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