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Commercial Money Market

How can you maximize your savings and retain a high level of liquidity? Our Commercial Money Market account is a five-tiered, variable rate account that pays interest based on your balance and allows unlimited deposits and withdrawals at any First South Bank Branch.

Commercial Money Market Features :
   
Minimum Monthly Balance: $2500
   
Monthly Service Fee: None if minimum balance requirements are met.
Otherwise, a $10 maintenance fee applies.
   
Interest: Money Market Interest Rates
   
Transaction Limitations: Six (6) pre-authorized payments per month
-There is a $20 debit activity fee for each check or debit in excess of the number allowed.
   
Check Return Option: Cancelled checks returned in your monthly statement
   
Account Benefits:  
 
  • Unlimited Teller Transactions
  • Online Banking
  • Bill Payment
  • Prime Line of Credit1
  • Free Access to 24-Hour Automated Access Line
  • Free Direct Deposit
  • Free Zipper Bag
  • Free Night Depository
  • Free Notary Service
  • Free Group Banking for Employees
   
Other Business Services:

 

24-Hour Telephone Access Line ATMs
Check Safe Keeping Credit Card1
Direct Deposit Official Checks
Online Banking Online Bill Payment
Overdraft Protection1 Safe Deposit Box
Savings Bonds Travelers Checks
VISA CheckCard1 Wire Transfer


1 Subject to credit approval.

 


 
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