Prairie Money Market
The Money Market account is a tiered, interest-bearing account, designed to provide you with higher interest yields while retaining liquidity. You can even write checks from this account on a limited basis.
This account is designed for people who like higher rates but may need access to their money periodically. Ideal as a "holding tank" for investors who need to move money around on a limited basis.
| Minimum to Open: | $2,500 | ||||||||||||
| Minimum Balance: | $2,500 | ||||||||||||
| Minimum to Earn APY: | $.01 | ||||||||||||
| Interest Rate : | Tiered and variable. Check your bank's daily rate report.
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| Compounding: | Interest is compounded daily, paid monthly | ||||||||||||
| Services Charges: | - $15 Minimum Balance Fee incurred if balance falls below $2,500 any day of the statement cycle. - $2 Transaction Fee charged for each debit transaction in excess of 6 per statement cycle. |
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| Restrictions: | Consumer only. Preauthorized, automatic, telephone, internet or Bill Pay transfers to 3rd parties are limited to 6 per month. |
