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Preferred Index Money Market

Your company is always looking for the best account available. That's why our Preferred Index Money Market is here.

Our premium money market account offers your organization the security and convenience of a banking account, with investment-level returns.

With four interest tiers, the more you invest, the higher your earning potential -- up to 100% of the posted Index. Start earning a great rate today!

Summary

Get tiered interest rates that make the most of your company's money!

The market-level rate is tied directly to the Money Fund Report's Index as published in the Wall Street Journal and at www.imoneynet.com.

You can rest assured that your business is always receiving a market-level rate -- and since the rate is tied to a published index, tracking your account's performance is easy.

Qualificatiions

An average daily balance of $25,000 is all it takes to start earning market-level interest rates while taking advantage of these value-added features:

  • Interest calculated daily and paid monthly
  • Earn interest on any balance
  • Unlimited lobby transactions
  • Check balance and transfer funds with 24-Hour TeleBank
  • Unlimited Online Banking usage
  • No monthly fee of $15 when you maintain an average daily balance of $25,000 or more
More Information

The Annual Percentage Yield (APY) may change monthly based on the changes to the Money Fund Report 7-Day Net Simple All Taxable Average Yield ("index") as published in the Wall Street Journal, using the following balance tiers and rate calculation:

Tiered Rate Calculation

$200,000 and up.............................100% of the Index

$100,000 - 199,999.99....................Index less .25

$50,000 - $99,999.99......................Index less .45

$25,000 - $49,999.99......................Index less 1.50

Less than $25,000..........................Posted Savings Rate

Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts

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