Money Market Savings

You can have it all! Get tiered interest rates based on your balance, with the convenience of check writing and ATMs to access your money when you need it.

Benefits:

Limits:

  • Six FREE withdrawals per month.
  • $10.00 per additional withdrawal.

Interest:

  • Rates are tiered based on account balance and may vary. Ask us for current rates.
  • Interest is compounded and credited monthly.

Minimum Opening Deposit:

  • $1,000

No Monthly Service Charge:

  • With a monthly automatic transfer from a First Merchants First Preferred checking account
  • OR minimum balance of $10,000

Otherwise an $8 monthly service charge applies.

Statement Options:

 

Other service fees may apply.