Personal Money Market Accounts

For customers that maintain higher balances and desire more competitive rates, our money market accounts offer the flexibility of liquidity, tiered rates of interest based on your balance, unlimited deposits, and certain withdrawal and check-writing capabilities, as outlined below.

Traditional Money Market Account Premium Money Market Account Premium Money Market/CD Combo Gold Money Market/Savings Combo Account Platinum Money Market/CD Combo*






Description Low minimum balance Pays higher rate of interest Maximizes long and short-term savings Earns higher rates on higher balances Earns higher rates on higher balances
Minimum balance to open $1,000 $75,000 A 6 month Combo CD of $25,000 and a Money Market Account of $75,000 A Gold Savings Account of $25,000 and a Gold Money Market Account of $100,000 A Platinum Money Market of $250,000 and a Platinum 48-Month CD of $250,000
Earns interest
Maximum balance n/a n/a Combined balance of $1 million Combined balance of $1 million Combined balance of $11.5 million
Monthly service charge if minimum balance not maintained $5 if balance falls below $1,000 $10 if balance falls below $75,000 $10 if money market balance falls below $75,000 $10 if savings balance drops below $25,000 $10 if money market balance falls below $250,000
No charge for first order of checks
24-Hour Automated Telephone Banking
No-fee Internet Banking
No-fee Mobile Banking
No-fee ATM Card and/or Visa© Debit Card and Point of Sale Transactions
Surcharge free withdrawals at SUM ATMs (other banks may charge a fee outside of SUM Network)
Choice of monthly statements by mail or electronically
Direct Deposit available
Additional information A $5 fee will be charged for each third party transaction in excess of 6 per month. Transfers from a money market account including those to third parties are limited to 6 per month. These transactions include preauthorized, automatic, telephone or computer transfers, checks, drafts, debit card or ATM point-of-sale purchases, or similar orders to third parties. All money market accounts are variable and subject to change without notice, which means that the rate of interest and annual percentage yield may change after the account is opened. Fees could reduce earnings.

*If the CD portion of the combined account is closed or falls below $250,000, the Platinum Money Market will revert back to the Bank's Traditional Money Market APYs. In addition, if minimum balances are not maintained in both accounts at all times, the APY on the CD will change for the remainder of the term to a predetermined rate disclosed at account opening. Maximum combined balance is $11.5 million. Transaction limits apply. Account title must be the same on all accounts. Fees may reduce earnings. Penalty will be imposed for early withdrawal on the CD. Combined statements required.