An Insured Money Market account is a savings account with a tiered earning rate - the more money you save, the higher the interest rate you will earn! Transfers from an Insured Money Market account to another account or to third parties by pre authorized, automatic, telephone, or computer transfer or by check, draft, or similar order to third parties are limited to six per statement cycle.
The minimum opening deposit is $1,000. See fee schedule.
Account has no monthly fee if a daily balance of at least $1,000 is maintained. If the daily balance falls below $1,000 a $10/month fee is charged. Fees could reduce earnings.