Legends Business Reserve Money Market account offers a tiered interest rate schedule to maximize interest earning potential for larger balance accounts.
- $100 minimum opening deposit
- No monthly service fee with $2,500 minimum daily balance
- Earns interest based on a tiered structure
- Unlimited teller and ATM transactions
- Up to six EFT or check transactions*
- Free online banking
- Free e-statements or paper statements
- Free ATM card
- Public funds do not qualify
*Federal regulations require banks to limit the way withdrawals may be made from savings and money market accounts. No more than six automatic transfers, online transfers or checks payable to a third party may be made during a calendar month or statement cycle of at least four weeks. Additionally, a bank fee will be assessed for each money market withdrawal made beyond six in a statement cycle. This account converts to a non-money market business checking if transaction limits are exceeded.