Money Market
1/22/2024
Parameters
- A tiered savings account that pays more than the standard Share Savings Account.
- We have five tiers with different interest rates based on balance.
- Portico Suffix — 15
- $2,500 minimum opening deposit
- Minimum Balance to Earn Stated APY — $2,500
- Earns same APY as Share Savings Account if balance drops below $2,500.
- Policy — Money Market Savings Account Policy | December 2006
Features
- Variable tiered rates.
- Tier I — $0 to $2,499
- Tier II — $2,500 to $9,999
- Tier III — $10,000 to $24,999
- Tier IV — $25,000 to $99,999
- Tier V — $100,000+
- May not be used as overdraft protection or collateral for a loan.
- Not accessible from an ATM or via Debit Card.
- Withdrawals in excess of six (6) per calendar month will be assessed an Excessive Withdrawal Fee of $10 per withdrawal.
Benefits
- No monthly fees.
- No early withdrawal penalties.
- Up to six (6) free withdrawals a month.
- No fee for Cashier's Checks purchased from the Money Market account.
Cross Sell
- Talking Points — Do you want to earn higher dividends while maintaining the flexibility to use your funds? If so, our Money Market Account might be the perfect account for you! We offer tiered dividends, so your earnings will grow right along with your balance. The more money you deposit, the more money you’ll earn.
- Opportunity Box Code/Name: MNY | Money Market
- Referrals — Assign to Member Services at applicable branch
Contact Manager
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