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Money Market Account

An interest-bearing account with limited check-writing privileges. Another option to an interest-bearing checking account is Community Bank's Money Market accounts. These accounts provide higher earnings with interest computed each day based on your daily collected balance.

  • A daily collected balance of less than $2000.00 will earn interest at the TIER 1 annual percentage yield.
  • If the daily collected balance equals or exceeds $2000.00, but is less than $4000.00, interest earnings will increase to the TIER 2 annual percentage yield.
  • Once the daily collected balance equals or exceeds $4000.00, but is less than $25,000, interest earnings will increase to the TIER 3 annual percentage yield.
  • When the daily collected balance equals or exceeds $25000.00 interest earnings will increase to the TIER 4 annual percentage yield.

Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account at any time. Fees could reduce the earnings on the account.

Click to view rates.

An opening deposit of $1000.00 is required. If the average monthly balance falls below $1000.00, a $5.00 monthly maintenance fee is assessed.

This account is limited to 6 pre-authorized debits per monthly statement cycle. A $2.00 activity fee per debit over 6 will be assessed.

Click here to learn about the benefits of electronic statements.  Contact us and ask how you can get your statements sent to you electronically.


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