 Account Comparison>Power Plus Money Market
With Power Plus Money Market1, you get the best of both worlds: the flexibility to spend your funds while they’re earning a high rate of interest.
- You earn the high interest rate of a fixed-term investment.
- At the same time, you retain the flexibility you need to write checks or use a debit card.
- Higher balances yield higher interest rates.
- Your minimum opening deposit is $1,000.
- We’ll waive the $10 monthly service charge when you maintain a balance of $5,000.
- We offer money market rates on balances over $10,000.
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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