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Preferred Index Money Market

Our premium money market account offers you 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.

Summary

Get tiered interest rates that make the most of your 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 you are always receiving a competitive rate -- and since your rate is tied to a published index, tracking your account's performance is easy.

Preferred Index Checking

Optimize your investment earnings and complimentary, no-fee banking services when you couple your money market with our Preferred Index Checking Account.

With both accounts working together, you can take advantage of our optional investment transfer to automatically reinvest idle funds above $25,000 from your checking account to your money market to ensure you are earning the highest possible rate of return. Just like our Index Money Market, this Checking Account is indexed to a money fund-equivalent interest rate.

Qualifications

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

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