American Gold Business Money Market
- Minimum $5,000.00 opening deposit
- Tiered rates to maximize interest earnings
- $0 - $24,999.99
- $25,000.00 - $49,999.99
- $50,000.00 - $99,999.99
- $100,000.00 or more
- Monthly service charge fee $6.00
Monthly service charge fee waived** with:
- $5,000 minimum daily ledger balance or
- $5,000 average monthly ledger balance
- Teller-assisted transactions are unlimited**
- Free Internet Banking
Variable interest rates compounded monthly and paid monthly on daily collected balances. Rates are set by management and subject to change daily.
**Transaction Limitations for Savings & Money Market Accounts: Transfers, cash withdrawals or a combination thereof from these accounts to another account of the depositor at the same institution are unlimited as long as the transactions are made in person, by mail, messenger, or automated teller machine.
Federal regulations, however, limit the number of transfers, withdrawals or combinations thereof from these accounts to another of the depositor at the same institution or to a third party by means of a pre-authorized, automatic or telephone agreement, order or instruction, or by check, draft, debit card or similar order. Such transactions are limited to six (6) per calendar month or similar period of at least four weeks. Exceeding these limits may result in the loss of transfer capabilities or the need to open a different type of account. A fee of $5.00 may apply to such transactions over the Federally regulated limit of six (6).