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Our Hi-Fi account is
an interest bearing money market account that allows a limited number of
transactions.
Requirements:
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Initial deposit required to open account
- $2,500.00 |
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You may make six transfers from your
account, but only three may be payments by check to third parties. |
Benefits:
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No monthly maintenance fee unless the
balance falls below $2,500.00, or more than 6 withdrawals are made
during the month. |
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Interest will be compounded monthly and
will be credited to your account monthly |
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Free online and telephone
banking |
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Interest begins to accrue on the
business day of deposit |
Cost:
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A service charge of $10.00 will be
imposed every statement cycle if the balance of the account falls below
$2,500.00 |
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A per item fee of $2.00 will be charged
for each debit transaction (withdrawal, check paid, automatic transfer,
or payment out of this account) in excess of six during a statement
cycle. |
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