- $5 minimum opening deposit
- No minimum balance requirement or monthly fee
- Earns market rate of interest paid annually 1
- Balance of account is mailed out by check around November 15th
- Free online banking
- There may be a penalty for withdrawal prior to November 15
1 Transfers from a money market account to another account or to third parties by pre-authorized, automatic, telephone or internet transfers are limited to six per statement cycle by check, draft, debit card, or similar order to third parties. If the transfer limits are exceeded in any month, the account may be subject to closure.