BUSINESS MONEY MARKET ACCOUNT. Minimum balance requirements: The minimum balance required to open this account is $2,500.00. You must maintain a minimum daily balance of $2,500.00 in your account each day to obtain the disclosed annual percentage yield. Transaction limitations: During any month, you may not make more than six withdrawals or transfers to another Credit Union account of yours or to a third party by means of preauthorized or automatic transfer or telephonic order or instruction (including 24-hour account access). No more than three of the six transfers may be made by check, draft, or debit card, if applicable, or similar order to a third party.
BUSINESS MONEY MARKET ACCOUNT. Minimum balance requirements: The minimum balance required to open this Account is $2,500.00. You must maintain a minimum daily balance of $2,500.00 in your Account each day to obtain the disclosed annual percentage yield.
BUSINESS MONEY MARKET ACCOUNT. This account pays high money market interest rates, gives you a checkbook to access your money and provides you with a monthly statement that summarizes the activity in the account. A Popular Mastercard® Business Debit Card is not available with this account. Deposit Requirement – $25,000 initial deposit. Monthly Fees & Services Charges – $15 each additional check/pre-authorized debit processed exceeding the monthly limit.** Interest Earned The higher the daily collected balance in your Treasury (Business) Money Market account, the higher the rate of interest your money will earn. The balance tiers that determine your rate are as follows: $0.01 - $999,999.99 % with an Annual Percentage Yield of % $1,000,000 - $2,499,999.99 % with an Annual Percentage Yield of % $2,500,000 - $4,999,999.99 % with an Annual Percentage Yield of % $5,000,000 - $7,499,999.99 % with an Annual Percentage Yield of % $7,500,000 - $9,999,999.99 % with an Annual Percentage Yield of % $10,000,000 & Over % with an Annual Percentage Yield of % The Bank, at its discretion, determines the interest rate. Interest rate and Annual Percentage Yield (APY) may change from time to time and can be obtained by calling our Customer Care Center at 0.000.000.0000 or by visiting one of our branches. We use the Daily Balance Method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest is paid on the daily collected balance in the account. Customers will earn interest paid but not interest accrued as of the account closing date. Interest compounded daily and credited to your account monthly. If you close your account before interest is credited, you will not receive the accrued interest. ** For savings and/or money market accounts, you are permitted to make up to six transfers and withdrawals or any combination thereof per statement cycle (or similar period of at least 4 weeks) by means of a preauthorized or automatic transfer, withdrawal by check, draft, debit card or transfer or withdrawal by online bill pay or telephonically. These limitations are applied according to the date when the transaction is posted to the account and not the date when the check is written or the transfer is authorized. The limits do not apply to withdrawals made at a banking center, by ATM or by mail.
BUSINESS MONEY MARKET ACCOUNT. Minimum balance requirements: The minimum balance required to open this account is $2,500.00. Your account will be subject to a $20.00 monthly maintenance fee unless you maintain a minimum daily balance of $2,500.00. You must maintain a minimum daily balance of $2,500.00 in your account each day to obtain the disclosed annual percentage yield. Transaction limitations: During any month, you may not make more than six withdrawals or transfers to another Credit Union account of yours or to a third party by means of preauthorized or automatic transfer or telephonic order or instruction (including 24-hour account access). No more than three of the six transfers may be made by check, draft, or debit card, if applicable, or similar order to a third party.
