Money Market Accounts
- Image statements
- No minimum to open account
- Earns interest regardless of balance.
- Interest is compounded monthly on daily collected balance.
- A $15 monthly fee may be avoided by maintaining an average collected balance of $2,500.
- Preauthorized, automatic, or telephone transfers from this account to another are limited by federal regulation to 6 per monthly statement period. No more than 3 of the 6 transfers may be by check, draft or similar order to third parties. For each additional withdrawal or transfer excluding transactions by ATM, by messenger, by mail and in-person, a $10 excessive withdrawal fee will be imposed. When applying these limits, First Cherokee State Bank uses the date paid.
- $.25 per item deposited over 100.
Disclosure/Detail Information | Misc. Fees and Charges