Money Market Checking
The interest rate on our Money Market Account is very competitive nationally. Only $5,000 is required to open. Your interest is credited to your account monthly. Your checks are free. You are allowed 6 withdrawals per statement cycle with this account. For every withdrawal in excess of 6, a $10 fee will be charged.
Interest rates and Annual Percentage Yields (APYs) are current as of and are subject to change.
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Money Market Checking |
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Balance |
Interest Rate |
Annual Percentage Yield |
|---|---|---|
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Up to $14,999.99 |
0.25% |
0.25% |
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$15,000 - $49,999.99 |
0.25% |
0.25% |
|
$50,000 or more |
1.00% |
1.00% |
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Minimum deposit of $5,000 is required to open the account. Interest does not compound. Interest is paid monthly. Interest is paid on the actual daily balance according to the tiers above. You may make up to 6 withdrawals from your CalFirst National Money Market account per statement cycle, including preauthorized, automatic and telephone transfers. |
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Upon opening a Money Market Account, you may request an ATM card. Bill paying is not available for Money Market Accounts. Service fees charged against the account may reduce earnings. See the disclosures for more information.
* Interest rates are adjusted at the bank's discretion.