Our Money Market Account offers up a prime way to preserve your cash and lower your risk while maintaining easy access to your funds. Tiered account rates mean that by maintaining a higher balance, you can earn more money with First Palmetto Bank. Speak with someone today to get started on setting up your Money Market Account with First Palmetto Bank.
Money Market Account Details
The Palmetto Money Market account will grow with you through a tiered rate structure that will pay out greater interest on larger account balances.
Palmetto Money Market Features
- $50.00 minimum opening balance
- $1,000.00 minimum daily balance required to earn Annual Percentage Yield (APY) and avoid Maintenance Fee
- $12.00 Monthly Maintenance Fee (only if $1,000.00 minimum daily balance is not met)
- Tiered interest rates
- Paper statements or eStatements available with image
- 6 checks or transfers per month*
- $12.00 Excess Transaction Fee
* First Palmetto Bank policy imposes a limitation of no more than six transfers per monthly statement period from the account to another depository account at First Palmetto Bank or to a third party by means of a preauthorized or automatic draft, telephone transfer, transfers by a check, draft or similar device payable to third parties.
- Deposit Account Services
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Wire Transfers
Securely send money both domestically and abroad with our wire transfer service.
Night Deposit
Drop off your deposit or payment after hours at one of our night depository locations.
Official Checks
Official checks can be used to accommodate a variety of payment needs for a small fee.
ATM & Debit Cards
Withdraw money from ATMs or use your Debit Card to make purchases safely and securely from your personal accounts.
Safe Deposit Boxes
Need a good place to store important documents or other valuables? We offer a wide variety of safe deposit boxes at our local offices.
Notary Services
Most of our offices are conveniently staffed with a Notary Public.
Questions? Get in touch.
Talk with our friendly staff about your banking needs.