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Prestige Money Market Statement Account

 

This is a tiered money market account which enables you to earn higher rates of interest depending on the balance you carry. Transfer excess cash from your Business Checking Account into a Prestige Money Market Account to maximize your interest earnings. 

 

  •  Maintain a minimum daily balance of $1,000.00 to avoid $12.00 monthly service fee,
  • A fee of $9.50 per transaction is imposed for exceeding transfer limitations*,
  • Maintain a minimum daily balance of $1,000.00 to earn interest,
  • Free Putnam Bank Check Card (certain restrictions apply),
  • Free Telephone Banking Service

*Transfers from a Money Market Statement Account to another account or to third parties by preauthorized, automatic, computer or telephone transfer are limited to six per month, with no more than 3 by check, debit card or similar order to third parties.

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