Sometimes locking away funds just isn’t feasible. A money market earns you savings rates while retaining access to your money.
Key Features
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Tiered Interest
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Direct Check Writing Ability
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Free Digital Banking
All Personal Money Market Deposit Accounts (MMDA) include:
- Competitive interest rates
- Direct check writing ability
- Free digital banking
- Free ATM card
| Personal MMDA | Premier MMDA1 |
|---|---|
| Apply Now | Apply Now |
| Description | |
| A standard money market deposit account that offers competitive interest rates and a low minimum balance requirement. | A high yield money market deposit account that pays higher rates on higher balances when opened with funds not currently on deposit with Pathfinder Bank. |
| Minimum Deposit Amount | |
| Must deposit $2,500 to open this account and to accrue interest. | $25,000 in money not currently on deposit with Pathfinder Bank is required to open this account. Must deposit $2,500 to accrue interest. |
| Monthly Maintenance Fee | |
| $10, if minimum daily balance falls below $2,500 any day during the month | $20, if minimum daily balance falls below $2,500 any day during the month |
| Personal MMDA Rates | Premier MMDA Rates | ||||
|---|---|---|---|---|---|
| Tiers | Rate | APY* | Tiers | Rate | APY* |
| $2,500 to $9,999 | 0.10% | 0.10% | $2,500 to $49,999 | 1.98% | 2.00% |
| $10,000 to $49,999 | 0.15% | 0.15% | $50,000 to $99,999 | 2.72% | 2.75% |
| $50,000 to $74,999 | 0.20% | 0.20% | $100,000 to $249,999 | 3.20% | 3.25% |
| $75,000 and over | 0.25% | 0.25% | $250,000 and over | 3.69% | 3.75% |
Funds withdrawn from your account will be charged against the account immediately and the amount withdrawn will not accrue interest from the date of withdrawal to the end of the interest payment period. This account may be limited by law to a specific number of preauthorized or automatic transfers, including ACH debits from the account and internet transfers to a checking account, per statement cycle. This rule does not apply to repayments of loans held at this bank. Please refer to the fee schedule to view any limitations on preauthorized and automatic transfers per statement cycle and action that will be taken should these limitations be exceeded.
*APY=Annual Percentage Yield. Rates accurate as of 12/4/24 and are subject to change at the bank’s discretion.
1Requires a minimum opening deposit of at least $25,000 in new money not currently on deposit with Pathfinder Bank. A maintenance fee will be applied each statement cycle if the daily balance falls below $2,500.00 on any given day during that cycle. Rates are subject to change at any time without notice before or after account opening.