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Money Market Rates

Rates, terms and conditions are subject to change without notice. Effective as of June 16, 2020.

Balance to
Earn Dividend
Compounding Dividend Rate APY*
$2,500 - $4,999 Monthly 0.1000% 0.05%
$5,000 - $9,999 Monthly 0.1499% 0.10%
$10,000 - $24,999 Monthly 0.1998% 0.15%
$25,000 - $49,999 Monthly 0.2996% 0.20%
$50,000 - $99,999 Monthly 0.4491% 0.35%
$100,000 and above Monthly 0.5984% 0.50%

*Annual Percentage Yield

The dividend rate & APY that corresponds to the applicable account balance tier will apply to the entire balance of the account. Dividends will be calculated using the daily balance method, which is a application of a daily periodic rate to the full amount of principal in the account each day. A minimum daily balance of $2,500 must be maintained to earn dividends on any particular day. A minimum daily balance fee of $10 per month will be charged for any balance that drops below $2,500. A money market minimum withdrawal fee of $20 will be charged for any withdrawal or draft under $100. More than six withdrawals on any given statement period will result in an excessive withdrawal fee of $5.00 per withdrawal. Fees may reduce earnings.

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