This is an insured investment account which pays higher interest
and provides check writing privileges.
You will receive monthly statements, along with images of
your cancelled checks. There is limited check writing on money
market accounts. You may have up to six debit transactions a
month at no fee, with only three by check or debit card as
limited by regulation.
The Money Market Account earns interest when your daily collected
balance is $1000 or more. Interest is compounded and paid monthly
into your account.
There is a monthly fee of $5 for the Money Market Account. You can
avoid the fee with a $1000 minimum daily balance, or a $2000
average monthly balance.
Individuals and businesses are eligible for Money Market Accounts.
Overdraft Privilege available after qualifying period.
Open this account with a minimum opening deposit of $1000 at your
nearest Mobile Trust Finance location.