Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Emergency fund, vacation, college, retirement, or just saving for that special thing you’ve been pining over; whatever your reason to save some for later, it is a wise decision.
A money market is similar to a savings account but with a little more flexibility. Money markets typically earn more interest than a savings account, and you can write checks on the account. However, they have a restriction on the number of checks or withdrawals you can make within a month. Money markets also require a larger initial deposit than a savings account.
These accounts are outstanding for emergency funds. They allow you to keep a larger amount set aside, but it is quickly available when needed.
| Feature | Advantage Money Market |
|---|---|
Feature Minimum Balance to Open | Advantage Money Market $1,000 |
Feature Minimum Balance Required Per Statement Cycle | Advantage Money Market $1,000 |
Feature Monthly Fee | Advantage Money Market No Monthly Fee if minimum balance is met and there are less than 51 deposited items |
Feature Interest Bearing | Advantage Money Market Contact a personal banker for current rates. |
Feature Interest Compounded and Credited to Your Account Monthly. Fees May Reduce Earnings | Advantage Money Market ✔ |
Feature Checks Included | Advantage Money Market ✔ |
Feature no | Advantage Money Market no |
Feature Fees: | Advantage Money Market no |
Feature 51+ deposited items per month | Advantage Money Market $0.07 each |
Feature Transactions Limitations per month | Advantage Money Market 6 Withdrawals |
Feature 7 or more withdrawals per month, monthly fee | Advantage Money Market $10 |
Feature If balance falls below required minimum balance, monthly fee | Advantage Money Market $10 |
Feature Other Fees: | Advantage Money Market |
The Gold Leaf Club is for Callaway Bank customers 50 or older. Participate in social events and enjoy – what some might call – “the good life.”
Learn Moreabout Gold Leaf Interest Checking Account and ClubWhether you’re in the process of buying a house or you’ve got a great vision for how to remodel your current home, we’re with you every step of the way.
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