what is the advantage of a money market account
Take advantage of our Money Market Advantage Accounts. With three options you can choose the account that is right for you... Money Market Plus: Earn 2.50% APY with a minimum average daily balance of $2,500 Premier Money Market: Earn 3.00% APY with a minimum average daily balance of $25,000 Extreme Money Market: Earn 3.50% APY with a minimum average daily balance of $50,000 Our Money Market Advantage Accounts are a cross between a savings account and a checking account. These accounts feature a high yield and five withdrawals and transfers per month that can be done in person or by writing a check. You must maintain the minimum average daily balance specified for the account to obtain the disclosed annual percentage yield and to avoid a fee. Dividends are earned and posted monthly based on the average daily balance in your account. Please note, if you close your account before dividends are paid, you will not receive the accrued dividends. Keep Track of your Money Market Advantage Account using TEL-24 Touch Tone Service at 516-8737171 option 2 or PC-24 Online Banking. No new accounts will be opened under this product. If you currently have a Money Market Account your account will not change. You may change over to a new Money Market Advantage Account. Learn more about checking accounts at Sperry's Banking 101