IMPORTANT: National Bank of Arizona will be making security upgrades to our digital systems on Tuesday, June 23, 2020. To see how you can be prepared for this update, please click here . Thank you, National Bank of Arizona.
Public Funds Money Market
An interest-bearing money market account for government, municipality and public entities
Account Details
Minimum Opening Deposit
$1,000
Monthly Service Fee
$10
How To Avoid Monthly Fee
Monthly service fee can be waived by maintaining a minimum daily balance of at least $2,500[cite::5::cite]
Paper Statement Service
$6 monthly fee[cite::12::cite]
Features & Benefits
- Variable rate, compounded daily[cite::22::cite], paid monthly
- Deposit up to 50 items per statement cycle at no charge[cite::13::cite]
- Deposit up to $15,000 in cash per statement cycle without a fee[cite::6::cite]
- Transaction limits apply; make up to six (6) withdrawals or transfers each statement cycle without an excessive transaction fee[cite::14::cite]
- Use Business Online Banking and Business Online Bill Pay to manage[cite::50::cite]