COMMERCIAL BANKING
Money Market Account Information
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 6 per month. |
| Transaction Limits |
You may make no more than 6 preauthorized withdrawals or transfers per month to another account of yours at 1st International Bank or to a third party. |
| Rate Information |
Interest rate and annual percentage yield may change at any time. |
| Determination of Rate |
Interest is earned on balances of $2,500.00 or higher. |
| Compounding and Crediting Frequency |
Interest will be compounded and paid monthly. If the account is closed before interest is credited, accrued interest will not be paid. Interest begins to accrue on the business day after the banking day you deposit non-cash items. |
For further information, please call 1-800-996-5554 or refer to our contact page
