Public Funds Money Market
An interest-bearing money market account for government, municipality and public entities
Account Details
Minimum Opening Deposit
$1,000
Monthly Maintenance 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::377::cite]
- Use Business Online Banking and Business Online Bill Pay to manage[cite::50::cite]