Citizens Quest® Money Market

• Where can I get more information about Citizens Quest Money Market accounts?

  Download detailed Citizens Quest Money Market account documents:

  • Fees and features
  • Account agreement
• What is a money market account?
  A money market account is a variable APY account similar to a savings account which may earn a higher interest rate compared to savings for customers who do not need frequent access to their funds.
• What is APY?
  Annual Percentage Yield (APY) expresses an annual rate of return taking into account the effect of compounding.
• What is compound interest?
  Compound interest is the concept of adding accumulated interest back to the principal, so that interest is earned on interest from that moment on.
• Are there any transaction limits on a money market account?

  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 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.

Have more questions? Get more answers in our full FAQs section.