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Accounts: Money
Market Deposit Checking
This account pays interest on your balance and provides easy access to
your money. Alliance Bank may at any time require prior written notice of
intent to withdraw, but until such notice is required, withdrawals may be
made at any time. Federal Regulations limit the account to six transfers
per month; of which three can be by check to third parties. Your cancelled
checks are returned with your monthly statement. The Interest will be
compounded monthly and will be credited to the account monthly.
Requirements
- Minimum
balance to open - $2,500.
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Limited number of transfers per month.
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Benefits
- No
monthly service charge if the average daily balance of $2,500.00
is maintained.
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Cancelled checks returned with monthly statement.
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Interest earning account. Interest is tiered to pay more for
larger deposit balances and no prior notification to withdraw is
required by you.
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Cost
- No
service charge unless average daily balance falls below $2,500.
If balance falls below $2,500, a statement cycle service fee of
$10.00 will be imposed.
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