An Options Money Market account offers the convenience of check access, plus a market leading rate of return on a safe and secure money management tool.
Details: *Annual Percentage Yield (APY) shown is effective for accounts opened on or after 1/19/19. This is a tiered variable rate account and the rate is subject to change without notice. You must deposit $10,000 to open this account. If your daily balance is below $10,000, you will be paid an APY of .50%; a daily balance greater or equal to $10,000, but less than $25,000 will be paid .50% APY; daily balances equal to or greater than $25,000 will be paid 1.50% APY.
This account is subject to approval and available for business accounts only. At least one of the account owners must open or currently have a Peoples Bank Business Checking account to open this account. If the daily balance falls below $10,000 at any time during the statement cycle, a monthly service charge of $15 will be assessed. Transfers from a Business Options Money Market account to another account or to third parties by check, preauthorized, automatic or telephone transfer are limited to six per statement cycle. A $5 transaction fee applies to each excessive transaction per statement cycle. Fees could reduce earnings. Offer valid at Skagit County branches only and cannot be combined with any other offer. Not available for accounts opened online.