MEGA Money Market

Looking for a great investment? Available to checking account customers, this is one relationship account that’s hard to beat!

  • Minimum opening deposit is $25,000.
  • Only $10 monthly service charge if minimum balance falls below $10,000 during the statement period.
  • Please note certain restrictions apply to this type of account.^ Excessive withdrawal fee is $5 per withdrawal if Regulation D limit is exceeded.
  • Available for personal accounts only; you must also have a Capital Interest or other checking account with us.
  • You will receive statements monthly.

The interest rate and the annual percentage yield paid on the balance in your account will be determined daily according to the following tier structure:

  • Savings Rate for daily balances less than $25,000
  • MEGA Rate for daily balances of $25,000-$100,000
  • That portion of the balance over $100,000 will earn a rate set at our discretion

Interest on this variable rate account will be compounded monthly and credited monthly.* See Rate Sheet for current interest rate and annual percentage yield for each tier.

Additional Information for Variable Rate, Interest Bearing Accounts

  • If you close your account before interest is credited, you will not receive the accrued interest.
  • Your interest rate and annual percentage yield may change. At our descretion, we may change the interest rate on your account at any time.
  • Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

*We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. ^Electronic transfers and payments to third parties: Federal Reserve Regulation D limits the number of electronic transfers (i.e., preauthorized (ACH), automatic transfer, online, or telephone) and third party transactions to a combined total of six per month on savings and money market accounts. If an account regularly exceeds this activity, the account may be closed and reopened as a checking account. Transfers and withdrawals made in person, by messenger, by mail, or at an ATM are not limited by Regulation D; however, bank service charges may apply. Please see your account disclosure for details, and contact us if you have any questions.