Metro Money Market Account
- $1,000 deposit required to open
- $8 maintenance charge - may be avoided by maintaining a $1,000 minimum balance*
- Limit six (6) transactions per calendar month**
- Free Online Banking with Online Bill Payment
- Monthly image statement
- Interest will be accrued daily, credited monthly and paid on the collected balance***
- Tiered interest rate structure (You must maintain a minimum balance of $0.01 in the account each day to obtain the disclosed annual percentage yield.)
*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 principle in the account each day.
**Transaction Limitations: You may make no more than six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts and debit card or other similar transactions from your account per month or statement cycle.
***Accrual of Interest on Non-Cash Deposits: Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
Effect of Closing an Account: If you close your account before interest is credited, you will not receive the accrued interest.
Interest rate and annual percentage yield may change at any time.
