Select and Select Plus Money Market Accounts Sample Clauses

Select and Select Plus Money Market Accounts a. These Money Market accounts are tiered rate accounts. A tiered rate account pays different dividend rates based on specified balance levels. Click here to see the rates for the specified balance levels. The dividend rate on these tiered rated accounts is determined each day based on the daily balance, and the rate is applied to the entire balance. The minimum balance to open a Select Money Market is $1,000. If your balance falls below $1,000 during a month, you will be charged a $10 fee. The minimum balance to open a Select Plus Money Market is $100,000. If your balance falls below $100,000 during a month, you will be charged a $15 fee.
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Select and Select Plus Money Market Accounts a. These Money Market Accounts are tiered rate accounts. A tiered rate Account pays different dividend rates based on specified balance levels. The dividend rate on these tiered rated Accounts is determined each day based on the daily balance, and the rate is applied to the entire balance. The minimum balance to open a Select Money Market is $1,000. The minimum balance to open a Select Plus Money Market is $100,000. Rate sheets may be obtained by visiting your local branch, on our website or by calling (000) 000-0000. Rate sheets identify dividend rates based on account balances and will not reflect minimum balance requirements that need to be maintained to avoid fees.
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Related to Select and Select Plus Money Market Accounts

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