Rates are subject to change after the account is opened and are determined at the Bank’s discretion. Fees may reduce earnings.
*Daily Balance is the amount of principal in the account each day. Closing fee and other charges may apply.
1. Minimum opening deposit: $5,000.00. Minimum Daily Balance of $2,500.00 the required amount of principal in the account each day to earn the Annual Percentage Yield. A monthly service fee will be imposed every month that the average balance falls below $2,500.00. Money Market accounts have limited check-writing capability and a limited number of transactions per statement cycle. You may not make more than six (6) pre-authorized check, telephone or internet transfers from your account each statement period. If you exceed the number of transfers allowed on more than one occasion, your MMDA will be converted to a non-interest-bearing checking account.
2. The interest rate on this account is based on your related Access, Preferred Access, or Prime Access checking account. If you close your related Access, Preferred Access, or Prime Access checking account you will receive the Mutual Interest Money Market rate, which is variable. Please visit a branch, call us at (203) 453-2721 or refer to https://mygsb.bank/personal/bank/deposit-rates/ for rates and tiers currently in effect.
Guilford Savings Bank, Member FDIC