Personal High Performance Money Market
Rates last updated on October 29, 2008 |
|
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 |
1.49% |
1.50% |
|
Tier 5
$100,000 & over |
$5,000 |
$100,000 |
1.73% |
1.75% |
|
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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 third party payments to six per monthly statement cycle (including Online Banking transfers), of which three may be check, debit card or similar order. Excessive third party payments 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 fee is $5 per item.
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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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