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Money Market Account
Today's savvy consumer utilizes investment planning as a way to prepare for the future.
At 1st International Bank, we provide our customers with a Money Market Account that provides investment planning with a low minimum to open and low monthly fees.
Money Market Account Information:
| Minimum Deposit to Open |
$2,500.00 |
| Minimum Balance to Avoid Charges |
$2,500.00 |
| Monthly Fees |
An item fee of $15.00 will be imposed every statement cycle if balance falls below $2,500.00 any day of the cycle. |
| Other Fees |
An item fee of $9.00 will be charged for each debit transaction in excess of 3 during a statement cycle. |
| Transaction Limits |
You may make no more than 6 preauthorized transfers & withdrawals to another account at the Bank or to a third party. No more than 3 of these transfers may be make by your check, draft, debit card or similar order that is payable to a third party. |
| Rate Information |
Your interest rate and annual percentage yield may change. We may change the interest rate on your account at any time. |
| Determination of Rate |
At our discretion, we may change the interest rate on your account. |
| Compounding and Crediting Frequency |
Interest will be compounded monthly. Interest will be credited monthly. If the account is closed before interest is credited, accrued interest will not be paid. |
For further information, please call 1-800-996-5554 or e-mail 1stservice@fibtx.com.
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