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SearchApple Money Market
Earn Interest...Retain Access
Our Apple Money Market Account helps you earn interest on your funds, and gives you the freedom to deposit and withdraw money on a limited basis each month without penalties.1
Features Content
- Interest-bearing Account
- Online Banking
- No Charge Online Transfers
- eStatements
- FDIC Insured up to $250,000
Current Rates Content
Rates
Effective Date: Friday, July 10, 2020
| Product | Balance Tiers | Annual Percentage Yield (APY) | Simple Interest Rate | Compounding Frequency |
|---|---|---|---|---|
| Apple Money Market | $0.00 - $1,499.99 | 0.00 | 0.00 | Monthly |
| $1,500.00 - $4,999.99 | 0.00 | 0.00 | ||
| $5,000.00 - $24,999.99 | 0.02 | 0.02 | ||
| $25,000.00 or more | 0.02 | 0.02 |
Rates Subject to Change Daily
For Current Rates Please Call Your Local Branch
Cornwall 860-672-6623, Norfolk 860-542-5541, Salisbury 860-435-2581, Washington 860-868-0591
Account Requirements
- Minimum $5,000 to open
- Minimum of $5,000 to earn interest
- Interest compounds monthly
- Paper statement fee may be assessed but can be avoided by enrolling with eStatements
- A monthly maintenance service charge fee of $12.50 will be imposed if the balance in the account falls below $1,500 any day of the cycle.
- A charge per check of $.50 will be charged for each check paid through inclearing.
1 Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, telephone, or online transfer, check, draft or similar order are limited to six per statement cycle.