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Money Market Savings

Description:

The Money Market Savings Account allows you to save your money and earn a larger percent of interest than the Passbook Savings Account while imposing limitations on automatic transactions.

Requirements:

Minimum deposit to open - $1000.00

Benefits:

  • Account will earn interest at rate determined by Community State Bank.
  • Interest will be compounded on a monthly basis*.

*Interest rate may change after the account is opened

Cost:

  • There is no monthly service fee for maintaining a Money Market Savings account.
  • Interest rate earned will be adjusted to the Passbook Savings Account rate if average daily balance falls below $1000.00
  • Transfers from the Money Market Account to another account or to third parties by pre-authorized, automatic, telephone or computer transfer are limited to six per month statement cycle with no more than three by check, draft, or similar order to third parties.

Check the current A.P.Y. and Interest Rate, on this account

 
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