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 imaged checks are returned with your monthly statement. The Interest will be compounded monthly and will be credited to the account monthly.

 

Requirements

• Minimum deposit to open - $2,500.

• Limited number of transfers per month.

Benefits

• No monthly service charge if the average daily balance of $2,500.00 is maintained.

• Imaged checks returned with monthly statement.

• Interest earning account. Interest is tiered to pay more for larger deposit balances.

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.