Commercial Money Market

Get the liquidity of a savings account, the access of a limited transaction checking accoutn and the security of FDIC coverage when you open a Commercial Money Market Account.

Features

• $100.00 minimum to open
• $10,000.00 minimum balance to avoid monthly fee
• $17.50 monthly  fee for balances below $10,000.00
• Interest earned daily on collected balances
• Interest paid monthly
• Interest paid on the following balance tiers:
  • $.01 - $$2,499.99
  • $2,500 - $9,999.99
  • $10,000 - $24,999.99
  • $25,000 - $49,999.99
  • Balances over $50,000
• 6 transfers or withdrawals or checks to third parties allowed each statement period. There is a $10 fee for each check/transfer in excess of the allowed transactions.
• Transaction Fees

  Credits/Deposits	$0.35 each
  Debits/Checks	$0.15 each
  Deposited Items	$0.10 each
  ACH Items	$0.15 each

Added Benefits

• Royal Banks Cash Mangement
• E-Statements available
• No annual fee Royal Banks credit cards (subject to application and approval)