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Minimum opening balance is
$2,500.
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Federal regulations limits the number of withdrawals and/or transfers that may be made by telephone, PC transfer, preauthorized transfer, check or debit card. You are limited to three (3) withdrawals and/or transfers each monthly statement cycle. If you exceed this limitation, your account will be closed and the balance transferred to your Regular Savings account.
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Account allows unlimited
deposits and electronic Direct Deposit.
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Variable tiered rate subject to
change at any time. Rate is determined by the entire account
balance when the daily balance threshold is met.
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Accounts are Federally insured
by the National Credit Union Administration (NCUA) up to $250,000.
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A Money Market Account, whether
it be individual or in joint name, is for personal use of the member(s) only
and is non-transferable.
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Periodic statements will be
provided to the member(s) not more frequently than once per month, at the
Stark Federal Credit Union's option. Any objection respecting any item
shown on a periodic statement of this Money Market Account is waived unless
made in writing to the credit union before the end of sixty (60) days after
the statement is mailed.
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Stark Federal Credit Union
reserves the right to refuse accounts and/or the use of the Money Market
Account, at its discretion, and to terminate the deposit relationship at any
time and without notice.
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This agreement governing the use
of the Money Market Account may be amended at any time by posting such
amendment in a conspicuous place in the Stark Federal Credit Union
lobbies. Such amendments will become effective immediately upon being
posted, unless otherwise stated.