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Merit Account (money market)

To earn higher dividends on large-balance savings accounts,  a Merit Account is the right choice. 

A Money Market account is considered a savings, subject to certain restrictions. Restrictions include a minimum balance of $2,500.00 in the account and since the account is not considered a transaction account (checking account)  a limit of six withdrawal transactions to third parties are permitted per month.  

  • Minimum balance of $2500.00

  • Minimum deposit amount of $100.00

  • Minimum withdrawal amount of $250.00

  • High yield dividend rate (Click here for rates page)

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