Welch State Bank - Money Market Account

Money Market image Welch State Bank’s Money Market Account is an interest bearing account designed specifically for corporations, for-profit organizations; partnerships; and other entities that are not eligible for interest-bearing checking accounts.

With a Welch State Bank Money Market Account you have the ability to write a limited number of checks and still earn interest.

This account allows six (6) third-party transactions to clear your account per statement cycle.

No matter what your business is, Welch State Bank offers a variety of financial products to our business checking account’s to make your banking as convenient as possible. Such as Cash Management Tools, Business Loans for all types of business related purposes, ATM Cards and Debit Cards, Direct Deposit, Cashier’s Checks, Money Orders, Notary Service, Wire Transfers, and Safety Deposit Box Rentals.

Minimum to Open	$1,500.00
Monthly Service Charge	FREE with a daily balance of $1,500.00 or more $15.77 monthly maintenance fee if the daily balance drops below $1,500.00.
Interest Bearing	YES - $1,500.00 daily balance required to earn interest Interest Rate and Annual percentage Yield Tiers are:
		$1,500.00 to $9,999.99
		$10,000.00 to $24,999.99
		$25,000.00 to $49,999.99
		$50,000.00 to $99,999.99
		$100,000.00 & Over
Items cleared against account per statement	Only 6 third-party transactions may clear your account per statement cycle. A $2.29 excessive fee does apply when these restrictions are exceeded. Over-the-counter transactions are unlimited.
In-person transactions	UNLIMITED
Items deposited into account	UNLIMITED
Check Printing	FREE – First box of Bank Checks
Imaged Statement	YES
Online Banking	FREE
Online Bill Pay	FREE

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