Frequently Asked Questions: Money Markets

Popular Questions

We limit certain types of transactions to no more than 6 per statement period, including telephone transfers, online transfers, automatic interest transfers, preauthorized or automatic debits, preauthorized transfers, outgoing wire transfers and checks, debit card transactions or similar orders to a third party from the money market. If you exceed these limits 3 times or more during any consecutive 12-statement period, we will, as applicable, transfer the funds in your money market account to a checking account that does not pay interest. We may, however, transfer your funds sooner if you significantly exceed these transfer limits in any one statement period.

Please refer to the Personal Deposit Account Fees and Features Guide for additional information.

Please note that withdrawals and transfers made at our branches or ATMs do not count against these limits.
Yes. Keep in mind, money market accounts are subject to withdrawal/transfer limitations.

We limit certain types of transactions to no more than 6 per statement period, including telephone transfers, on line transfers, automatic interest transfers, preauthorized or automatic debits, preauthorized transfers, outgoing wire transfers and checks, debit card transactions or similar orders to a third party from the money market. If you exceed these limits 3 times or more during any consecutive 12-statement period , we will, as applicable, transfer the funds in your money market account to a checking account that does not pay interest.

We may, however, transfer your funds sooner if you significantly exceed these transfer limits in any one statement period.

Please refer to the Personal Deposit Account Fees and Features Guide for additional information.

Please note that withdrawals and transfers made at our branches or ATMs do not count against these limits.

Account types

APY and Interest

Unlimited deposits, in-branch or ATM transactions. We limit certain types of transactions to no more than 6 per statement period, including telephone transfers, online transfers, automatic interest transfers, preauthorized or automatic debits, preauthorized transfers, outgoing wire transfers and checks, debit card transactions or similar orders to a third party from the money market. If you exceed these limits 3 times or more during any consecutive 12-statement period, we will, as applicable, transfer the funds in your money market account to a checking account that does not pay interest. We may, however, transfer your funds sooner if you significantly exceed these transfer limits in any one statement period.
Please refer to the Personal Deposit Account Fees and Features Guide for additional information.
Please note that withdrawals and transfers made at our branches or ATMs do not count against these limits.

¹ Wireless carrier, text and/or data charges may apply.