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Money Market Account

Business Money Market

Minimum balance to open the account - You must deposit $1,000.00 to open this account.

Minimum balance to avoid imposition of fees - A service charge fee of $10.00 will be imposed every statement cycle unless you maintain a daily balance of $10,000.00 for the monthly statement cycle.

  • 6 debit transactions are allowed per statement cycle, with no more than 6 of those by check, third party, or pre-authorized debits.
  • $10.00 fee for each excessive debit.
  • Interest compounded and credited monthly and paid on the ledger balance.

Rate Information - Your interest rate and annual percentage yield may change.

Frequency of rate changes - We may change the interest rate on your account at any time.

Compounding and crediting frequency - Interest is compounded and credited monthly.

Daily balance computation method - 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.

The National Bank of Georgia

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FDIC

Equal Housing Lender