 select account type:
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Commercial Money Market
Designed for Businesses with
surplus fund who want high yields and easy access
Minimum Opening Deposit: $2,500.00
Minimum Balance to Avoid Monthly Fee: $2,500
Maintenance: Transaction and Service Charges
- Fee if below $2,500 minimum daily balance = $10.00
- Transaction Limitations:
- Transfers and withdrawals originated in person, by messenger
or mail are unlimited.
- No more than 6 pre-authorized withdrawals or transfers or withdrawals or transfers by telephone or other electronic means per
calendar month or statement cycle (or similar period) of at
least 4 weeks (only 3 of which may be checks, drafts, debit
card or similar order payable to third party)
- $10.00 per excessive debit items per month
- Interest accrues on daily collected balances of $2,500+
Credit Allowance: No
Earns Interest: Yes *
Eligible for Business Value Membership: Yes
* Interest-bearing
commercial checking accounts are limited to sole proprietorships,
non-profit organizations, and governmental units.
Copyright © 2002 MidSouth Bank, All
Rights Reserved. (Privacy
Policy.)
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