Personal High Performance Money Market
Rates last updated on July 2, 2009 |
|
Tier Level |
Minimum Deposit to Open |
Minimum Daily Balance to Earn APY |
Interest Rate |
Annual Percentage Yield |
|
Tier 1
$1,000 - $9,999 |
$5,000 |
$1,000 |
0.50% |
0.50% |
|
Tier 2
$10,000 - $24,999 |
$5,000 |
$10,000 |
0.75% |
0.75% |
|
Tier 3
$25,000 - $49,999 |
$5,000 |
$25,000 |
0.99% |
1.00% |
|
Tier 4
$50,000 - $99,999 |
$5,000 |
$50,000 |
1.04% |
1.05% |
|
Tier 5
$100,000 & over |
$5,000 |
$100,000 |
1.19% |
1.20% |
|
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Variable interest rates subject to change without notice. Call 505-424-2888 for current interest rates.
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Interest calculated on collected daily balance, compounded daily and credited monthly.
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High Performance Money Market Account $12 monthly fee waived with a $5,000 or more collected daily balance. Fees could reduce earnings.
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Federal Regulations limit withdrawals and transfer to no more than six per calendar month. These limitations apply to transfers to another account or to a third party by preauthorized or automatic transfer, telephonic agreement, check, draft, debit card, or similar order. Excessive withdrawals and/or transfer could result in the Bank reclassifying the account as non-interest bearing. Unlimited withdrawals by ATM or at Century Bank branches are allowed. Excess activity fees apply to transactions exceeding these limits.
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A Century Bank checking account (minimum opening deposit $50) is required to open a High Performance Money Market account.
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