This account returns a premium interest rate by maintaining a $25,000 minimum balance. But in this account, the higher your balance, the more you earn.
Premium Business Money Market earning tiers:
- $0 - 25,000.00
- $25,000.01 - 100,000.00
- $100,000.01 - 250,000.00
- Over $250,000
You may not make more than six (6) transfers and withdrawals from your account per month by means of a preauthorized or automatic transfer or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. Interest is credited and compounded monthly based on the daily collected balance.
For interest bearing accounts, if balance falls below the minimum requirement additional fees may apply, but you will continue to earn the current interest rate. Rates are subject to change. See current rate sheet for interest rates and annual percentage yields. Fees may reduce earnings. Refer to the account "Truth in Savings Disclosure" for more details, or speak with a Horicon Bank Customer Service Representative.