Premier Money Management Account is an interest-bearing account designed for those who carry a high balance and desire a high level of security.
Premier Money Management Account
Details
- The interest rate will not be less than the 13-week U.S. Treasury Bill rate as published by the U.S. Department of the Treasury with an effective date of the 15th of the preceding month, less one and one-half percent (1.50%).
- FREE electronic statements*
- Monthly service charge of $10 if balance falls below $10,000
- Interest accrues on the first business day of your deposit
- Withdrawals can be made on the 2nd and 4th Wednesdays of each month. If these days fall on a holiday, withdrawals will be allowed the following day. Any withdrawal exceptions will be charged a $25 fee.
- $25 minimum deposit to open
*Paper statements delivered by mail are available for $4.00 per statement. When the daily account balance is at least $10,000 or more each day of the statement cycle, the paper statement fee will be waived for that cycle.
**The Premier Money Management is only available for in-person account opening. Please contact the bank for current rates.
