Money Market Accounts
A Money Market Account combines the advantages of high interest rates with the liquidity and access of a savings account. You may transfer from a money market account to another account or to third parties by preauthorized, automatic, telephone or computer transfer or by check, draft or similar order to third parties and are limited to six transactions per statement cycle. A Money Market Account is like a savings account, but with a higher minimum balance requirement, it allows you to earn a higher interest rate and gives you access to your funds. This account is fully insured by the FDIC and the Share Insurance Fund.
Our Triple Tier Money Market Investment Account is designed to pay higher rates than the average money market fund based on your maintained minimum balance. Three interest rate tiers are offered - so the more you invest, the more you can earn. This account is fully insured by the FDIC and the Share Insurance Fund.
Our Jumbo Money Market Investment Account offers customers an optimum rate of interest providing the required minimum balances are met. This account is fully insured by the FDIC and Share Insurance Fund.
Please contact us if you have any questions about our products and services. You can use our information request form, or give us a call at 617-387-1110.