MIDAS (Money Market) Checking Account
A MIDAS (More Interest Dollars And Sooner) checking account is a money market account that earns interest and allows three checks per statement cycle to be negotiated off the account.
- Earns interest. Refer to rates.
- ATM card access available.
- Balances under $500.00 are charged monthly fee of $5.00.
- Minimum balance to earn interest is $100.00.
- Deposit of $500.00 required to open the account.
- More than three checks written $9 per check fee applied.
- Interest is compounded/paid on the last business day of each month.
- Interest is calculated on the daily balance method.
- Stop payment fee is $15.00.
- FDIC insured.
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