LIBERTY MONEY MARKET
- $1,000.00 minimum deposit to open account
- No monthly service charge with a $1,000.00 average collected balance
- If balance falls below $1,000.00 (avg. collected) a $12.00 service charge will be charged.
- Interest tiers:
- $1,000.00 - $24,999.99
- $25,000.00 - $49,999.99
- $50,000.00 - $99,999.99
- $100,000.00 - $249,999.99
- $250,000.00 - $499,999.99
- $500,000.00 - $999,999.99
- $1,000,000.00 and above
According to Federal Regulations, the money market account is a limited activity account. The total number of preauthorized transfers allowed is six (6) per statement cycle. Transactions which fall into this category, besides checks and drafts, include automatic transfers to third parties, preauthorized payments, wire transfers and telephone transfers to another account of the same depositor. A transaction charge of $10 per item is assessed to the account for exceeding these limits.
- 20 free deposit items ($0.25 per item thereafter)
- An overdraft fee applies to overdrafts created by check, in person withdrawals and electronic means. Inadvertent overdrafts caused by ATM and one time debit card transactions are excluded.
- Free monthly paper statement with images or My E-Docs electronic statements
- Free online FLB MyBanker®