Requiring a lower minimum balance, SCB's Money Market Accounts, are recommended for customers who want to earn interest on their deposits and write a low number of checks. As with many of our accounts, you have 24-hour access to your funds through SoyBank Anywhere or Telebank.
- Minimum Initial Deposit: $2500
- 6 transfers per cycle, no more than three by check, draft, or similar order to third parties
- Interest on account
- Four interest tiers
- ATM card available
- 24 hour account information through TeleBank or SoyBank Anywhere
- Open to all customers
- Your interest rate and annual percentage yield may change
- We may change the interest rate on your account at any time
- Interest will be compounded and credited every month
- Interest is calculated using the daily balance method
- $10 monthly maintenance fees for balances below $2500
- Interest begins to accrue on the business day you deposit non-cash items
Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per statement cycle with no more than three by check, draft, or similar order to third parties. A per debit fee of $5.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of six during a monthly statement cycle.