Personal

Money Market Accounts

Atlantic Money Market Account (AMMA)

A single-tier money market account.

  • Variable interest rate money market
  • Minimum deposit of $1,500.00 to open
  • Minimum daily balance requirement of $1,500.00 to avoid the $10.00 monthly maintenance fee.
  • Limit of six (6) preauthorized transfers from the account during each month. A $20.00 per item excessive transaction fee will be assessed beginning with the seventh (7th) preauthorized transfer.
  • Interest is calculated using the daily balance method. This method applies a daily periodic rate to the principal in the account each day. Interest is compounded monthly and will be credited monthly, provided the daily balance does not fall below the minimum balance requirement.
  • There will be a $10.00 charge should the account be closed within 45 calendar days of opening.

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Premium Growth Account (PGA)

A multi-tiered money market account. A solid investment in liquid form.

  • Offers tiered interest rates based on your entire balance.
  • Minimum deposit of $10,000.00 to open.
  • Minimum daily balance requirement of $10,000.00 to avoid the $10.00 monthly maintenance fee
  • Limit of six (6) preauthorized transfers from the account during each month. A $20.00 per item excessive transaction fee will be assessed beginning with the seventh (7th) preauthorized transfer.
  • Interest is calculated using the daily balance method. This method applies a daily periodic rate to the entire principal in the account each day. Interest is compounded monthly and will be credited monthly.

View Rates

Visit your local branch to open an Atlantic Money Market Account or Premium Growth Account.

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Saturday, March 25, 2017