ID of Level 3 Parent: 1087

Money Market Savings

Save more, earn more. Plus, enjoy some added features that are commonly associated with Personal Checking accounts.

With an escalating interest-rate scale, the higher your daily balance the more interest you earn.

  • Receive interest-rate tiers based on your daily balance
  • Enjoy check-writing abilities, with monthly statements and check images for easy record keeping
  • Access money through withdrawal or ATM
  • Unlimited transfers made in person, by messenger, or to one of our loans

Contact i-bank for tier levels and current interest rates and annual percentage yields for each tier.

Terms: You must deposit at least $1,000 to open this account. A service charge of $15.00 will be imposed every month if the balance in the account falls below $5,000 any day of the month. The interest rate for this account is variable. 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. Interest will be compounded monthly. Interest will be credited to the account monthly. 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. During any statement cycle, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. If you exceed the transaction limitations you will be charged $15.00 fee for each additional transaction. Fees could reduce the earnings on the account.

 


Helpful Resources

At i-bank, we’ll go above and beyond what you expect of your banking partner.

Learn about our other Personal Banking options: Checking, Individual Retirement Accounts (IRAs), Loan Options, and Investment Options.

We’re proud to offer numerous resources to make financial management simpler and clearer for you.

Own or manage a business? Visit Business Banking today!