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Money Market
Relationships you can bank on.
Enjoy earning a higher rate of interest as your account balance increases.
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Earn a higher rate of interest |
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Start with just $1000 |
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Low Minimum Balance |
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Up to 6 Withdrawals per Month |
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24
Hour Account Access by Phone |
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For current rates on
our Money Market accounts, please contact your local branch.
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Earn interest on this account no matter what the balance! However, as your
balance increases you will earn a higher rate of interest! For your convenience
you can make transfers between your PBI Bank accounts with our free Telephone
Banking.
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If you have any questions, please visit
our Customer Service Center. Stop by our bank
today to take advantage of these great features! |
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An
initial deposit of $1000 is required to open this account |
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If
daily balance falls below $1000.00, a service charge of $10.00 will be charged
for the month |
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Interest
begins to accrue no later than the business day we receive credit for the deposit
of noncash items (for example, checks) |
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We
use the Daily Collected Balance method to calculate the interest on your account.
This method applies a daily periodic rate to the Daily Collected Balance in the
account. |
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Interest
will be compounded and credited to your account on a monthly basis |
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Withdrawals
from a Money Market account by check, ACH, POS, or telephone transfer are limited to six per statement cycle. |
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A
fee of $10.00 per excess item is assessed for additional withdrawals |
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Interest
rate may change daily |
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Fees
may reduce earnings |
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View
our FDIC page to determine the amount to
which your account will be insured |
Rates may vary among branches and may vary if amounts, terms or other conditions
vary from those posted above.
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IMPORTANT INFORMATION FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal
law requires all financial institutions to obtain verify, and record information that identifies
each person who opens an account. What this means for you: When you open an account, we will
ask for your name, address, date of birth, and other information that will allow us to identify
you. We may also ask to see your driver's license or other identifying documents. |
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