Personal Banking

Money Market Accounts

This account features higher interest earnings, which compound every day and are credited to your account every month.

Rate Information: The interest rate and annual percentage yield for your account depend upon the applicable rate tier.  The interest rate and annual percentage yield for these tiers may change.
Frequency of rate changes: We may change the interest rate on your account at any time.
Compounding and crediting frequency: Interest will be compounded every day. Interest will be credited to your account at the end of every statement cycle.  If you close your account before interest is credited, you will receive the accrued interest.
Minimum balance to open the account: You must deposit $2,500.00 to open this account.
Minimum balance to avoid imposition of fees: A service charge fee of $5.00 will be imposed each monthly statement cycle if the average daily balance for the monthly statement cycle falls below $1,000.00. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
Minimum balance to obtain the annual percentage yield disclosed: You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield. If the account balance falls below the minimum balance of $2,500.00, interest will not be accrued on those days that the balance is below the minimum of $2,500.00.
Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits: Interest begins to accrue on the business day you deposit noncash items (for example, checks).
Transaction limitations: You may make unlimited over the counter withdrawals from your account. Depositors may not make more than six (6) preauthorized withdrawals, (including, but not limited to withdrawals made by an automated clearing house, telephone, internet, or wire) or by check monthly. These limitations do not apply to withdrawals made through automated teller machines, over-the-counter, mail or messenger.
Fees: An excess activity fee of $1.00 will be charged for each withdrawal in excess of six (6) per statement cycle. An exit charge fee of $20.00 will be charged if the account is closed within six months from date of opening.
Visa check card/ATM: yes
Free checks: no
Main Bank: 337-948-3033
Telebanc: 855-948-4400

Lost or Stolen Debit Card:
Lost or Stolen MasterCard: