Insured Money Market
The ability to save, earn and write checks
- $2,500 minimum opening deposit
- $15 monthly maintenance fee waived with a daily balance of $5,000
- Interest is compounded daily and paid to your account monthly
- Variable tiered interest rates get higher as your balances grow:
$1,000 - $49,999
$50,000 - $99,999
$100,000 or more
- Unlimited deposits, limited withdrawals and transfers and up to six third-party fund transfers per month (three can be by check). (see Account terms below)
- Free online banking
- Check-writing privileges, up to three per month
- Access account funds with your ATM/VISA check card when you have a River City Bank checking account (for sole proprietors)
- Free customer service calls
- Quarterly account statements
Account terms and conditions disclosure
Federal Regulation D requires banks to limit the way withdrawals may be made from a savings account. Preauthorized withdrawals (transfers by phone, wire or personal computer, overdraft protection, automatic payment, check) are limited to a combined total of six per account cycle. There is a $15 fee for each preauthorized withdrawal in excess of these limits. If withdrawal limitations are exceeded three times in 12 cycles the account will be closed, or converted