|Minimum Balance Requirement||$1,000|
|Minimum Balance to Open||$1,000|
|Balance||Interest Rate||Average Percentage Yield (APY)|
|$1,000.00 to $9,999.99||0.10%||0.10%|
|$10,000.00 to $25,000.00||0.13%||0.13%|
|$25,000.01 and over||0.16%||0.16%|
Fees may reduce earnings.
- On April 24, 2020, Regulation D was amended to suspend the transaction limits on Money Market accounts. As a result, the Bank will not being assessing a service charge and unlimited transfers/withdrawals from this account will be allowed. At this time, The Federal Reserve Board does not have plans to re-impose transfer limits but may make adjustment to the definition of savings account in the future, if conditions warrant.