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Union State Bank Online Banking

Money Market

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Money Market Investment

  •   Statements mailed monthly
  •   Interest is compounded daily and credited to your account monthly on the daily balance
  •   The minimum initial deposit is $1,000
  •   If the daily balance falls below $1,000, a maintenance fee of $10 is charged for that statement cycle
  •   The number of checks written or automatic or telephone transfers made is limited to 6 (six) during a statement cycle, and no more than 6 (six) of the six can be by check, draft, debit card or similar order to a third party
  •   Under Regulation D any money market account having withdrawals or transfers in excess of 6 (six) per month of the type noted above may be reclassified to a different type account and are subject to a fee of $10 per withdrawal or transfer
  •   There is no limit to the number of over the counter or ATM withdrawals or transfers
  •   If the daily balance falls below $2,500, the interest rate paid will be less for those days the account balance is below $2,500
  •   The interest rate and annual percentage yield paid is a discretionary rate based upon current market conditions and may be changed at any time without notice
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