Escalator Account / Money Market
- $1000 minimum requirement.
- Earns higher rates based on your balance.
- 3 withdrawals per month (including checks, cash and transfers).
- $5 excessive withdrawal fee for each withdrawal over 3 per month
|Balance||Annual Percent Yield||Dividend Rate|
|$1,000-$9,999||.10% APY||.10% APY|
|$10,000-$19,999||.10% APY||.10% APY|
|$20,000-$34,999||.10% APY||.10% APY|
|$35,000-$49,999||.20% APY||.20% APY|
|$50,000+||.25% APY||.25% APY|
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you:
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We will also ask to see your driver’s license with current address or a piece of mail with current address.