Legends Select Reserve Account
The Legends Select Reserve Account is another Legends Bank high-yielding money market account that floats with the market to offer you even more interest for your large account balances. Unlike traditional money market accounts, the Select Reserve pays interest monthly based on your balance and the current market conditions.
- $100 minimum opening deposit
- No monthly service fee with $50,000 daily minimum balance
- Earns interest based on a tiered structure
- Unlimited teller and ATM transactions
- Up to six EFT or check transactions*
- Online banking
- Mobile banking
- E-statements or paper statements
- ATM card
- Public funds do not qualify
- Complimentary first order of Legends checks
* 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 savings withdrawal made beyond three in a quarter and for each non-permissible money market withdrawal beyond six in a statement cycle. Account converts to a non-money market checking account if transaction limits are exceeded.