Premium Money Market Checking
This account is best if you want to maximize your high-balance checking.
Account Benefits
- Personalized checks - receive a first-issue starter pack of checks at no cost.
- Statement options - choose from several available statement options including eStatements and combined accounts.
- Interest on checking - the interest rate scale is tiered based upon the balance in each account. See rate information.
Additional Services
- No annual fee on your Advantage ATM & Checkcard
- bankOnline featuring Online Banking, Mobile Banking, eAlerts (text and email alerts), and eStatements
- Free Telephone Banking services
- Automatic transfers to savings or a consumer loan payment
- Overdraft Line of Credit (First Reserve) is available if qualifications are met
Rate Information
View our current rate information.
Compounding and Crediting
Interest will be compounded every month. Interest will be credited every month.
Minimum Balance Requirements
You must deposit $50,000.00 to open this account. You must maintain a minimum balance of $50,000.00 in the account each day to obtain the disclosed annual percentage yield. A service charge of $25.00 will be imposed every month if the balance in the account falls below $50,000.00 any day of the month.
Balance Computation Method
We use the daily balance method to calculate the interest on your account. This method applies a periodic rate to the principal in the account each day.
Accrual of Interest on Noncash Deposits
Interest begins to accrue no later than one business day after we receive credit for the deposit of noncash items (for example, checks).
Fees and Charges
The following fees and charges may be assessed against your account:
NSF Return Fee or NSF Paid Fee* | $30.00 per item |
Per Day Maximum | $150.00 |
Overdraft Charge (Recurring)* | $30.00 each seven consecutive days |
Stop Pay Charge | $30.00 per request |
Returned Item Fee | $3.00 per item |
Re-deposit of Returned Item Fee | $1.00 per item |
Dormant Account Fee | $5.00 per month |
Returned Mail Fee | $5.00 per month |
Check Copy Fee | $3.00 per copy |
Deposited Item Copy Fee | $3.00 per copy |
Wire Transfer Fee | $20.00 |
International Wire Transfer Fee | $50.00 |
Collection Fee | $20.00 per item |
Canadian Check Processing Fee | $10.00 per check + exchange fee |
Cost of check printing varies depending on the style of checks ordered.
NOTE: We may report other information about your account to consumer reporting agencies. Late payments, missed payments, or other defaults on your account may be reflected in your consumer report.
