Commercial Money Market Checking

With The Bank N.A.'s Commercial Money Market Checking Account, businesses can earn more interest with more money deposited.  With a tiered rate structure, your business is rewarded for putting more cash in your account.  Features of this account include:

  • Minimum initial deposit of $2,500
  • No monthly service charge on balances above $2,500 ( a $25 monthly fee applies to balances below $2,500)
  • Interest rate determined by the account balance (Level I: daily balance of $1 to $24, 999.99; Level II: daily balance of $25,000 to $49,999.99; and Level III: daily balance of $50,000 or more)
  • Interest on variable rate account is compounded and credited monthly
  • Only six transactions per month allowed (only 3 to 3rd parties) with a service charge of $10 assessed for each transaction above six
  • Check images returned in monthly statement for easy record keeping

 

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