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Investor Money Market |
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A Money Market account designed for individuals and businesses that want competitive interest rates and immediate account access.
- $25,000 to open
- Minimum balance of $25,000 waives $10 service charge
- Tiered interest rate based on balance
- Interest paid on collected balances, and will pay on total balance when the account is over $25,000
- No charge for Douglas County Bank deposited items
- First 10 foreign deposited items free per month; thereafter $0.15 per foreign deposited item
- Banking regulations allow up to six withdrawals per month, three of which may be by check; additional withdrawals $5
- Interest is paid monthly on the daily ledger balance on a tiered rate structure
Tiers:
$25,000 - $99,000
$100,000 - $249,000
$250,000 - $499,000
$500,000 - $999,000
$1,000,000 and over
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