Money Market Account | NOW Accounts
Rate Information This account is an interest bearing account. Click here for Current Rates.
The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly.
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. We calculate the daily periodic rates bases on a 365 day year. You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield. Limitations You must deposit $2,500 to open this account. You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction. Three (3) of these transfers may be made by check, draft, debit card, or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. Account Fees Click here to view any Other Account Fees
Money Market Excess Withdrawal Fee: $5.00 will be charged for each debit in excess of six during a statement cycle.
A service charge of $10.00 and $.15 charge per check will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle or if the average daily balance for the statement cycle falls below $10,000.
Rate Information This account is an interest bearing account. Click here for Current Rates.
The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly
Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. Limitations You must deposit $500.00 to open this account. Account Fees Click here to view any Other Account Fees
A service charge of $5.00 will be imposed every statement cycle if the balance falls below $500.00 any day of the cycle.
NOTICE: The bank is not responsible for and has no control over the subject matter, content, information or graphics of the web sites that have links here.
Equal Housing Lender
208 East Main Street
Grayson, KY 41143
(606) 474-7811
1-800-467-1179
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