Account Comparison>Power Money Market
Like to be rewarded for good savings habits? This is the account1 for you.
- The more you save, the more you earn.
- You get the flexibility of a savings account along with higher interest rates.
- You earn higher interest on higher balances.
- By structuring Power Money Market with tiered balances and interest rates, we help you maximize your earnings.
- Your minimum opening deposit is $1,000.
- We’ll waive the $10 monthly service charge when you maintain a balance of $1,000.
Please contact your local branch for current rate information.
1Federal regulations limit these accounts to six pre-authorized withdrawals per month. Pre-authorized withdrawals include, but are not limited to: ACH debit, telephone transfer, overdraft protection and checks. Withdrawals are allowed anytime in person, by ATM or for Sterling loan re-payment. There is a $5.00 fee for Statement Savings and a $10.00 fee for Power, Power Plus accounts per pre-authorized withdrawal over these limits. If account limitations are continuously exceeded; the account will be converted to a transaction account as required by federal regulations.
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