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Money Market Savings Account

Increase the Earning Power of Your Money

When you want to increase the earning power of your money, but don't want to tie it up in non-accessible accounts, what do you do? A Money Market Savings Account at The Bank of Odessa gives you the best of both worlds. We offer you competitive interest rates, and you always have access to your funds.

Give us a call (816) 230-4914 or stop by either of our convenient locations. We can get you started today!

Money Market Savings AccountIncrease the Earning Power of Your Money

Increase the earning power of your money

Compounding frequency - Interest will be compounded monthly.

Crediting frequency - Interest will be credited into this account monthly.

Effect of closing an account - If you close your account before interest is paid, you will not receive the accrued interest.

Daily balance computation method - Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.

Accrual of interest on noncash deposits - Interest will begin to accrue on the business day you deposit noncash items (for example, checks) into your account.

Minimum balance to open - The minimum balance required to open this account is $100.00.

Deposit limitations - You may make an unlimited number of deposits into your account. 

Withdrawal limitations - The minimum withdrawal you can make from this account is $100.00.

Limitations on frequency of transfers -
This account is limited to 6 in-person withdrawals or other electronic means per statement cycle.

Fees and Charges - The following fees and charges apply to this account:

  • Excess Debit Fees:  We impose an excess money market transaction fee of $1.00 for each debit transaction in  excess of six during a monthly statement cycle.
Notice

FDIC Insurance Coverage Permanently Increased to $250,000.00 - The Financial Reform Bill signed into law on July 22, 2010, has permanently increased FDIC Insurance Coverage from $100,000.00 to $250,000.00 per depositor. Should you have additional questions regarding your insurance coverage, you may access the FDIC’s website at www.fdic.gov/deposit.


The Bank of Odessa Card Alerts 1. Message frequency varies by account. 2. Message and data rates may apply. 3. Text HELP to 72586 for help or call (816) 230-4512. 4. Text STOP to 72586 to cancel. Participating carriers include AT&T, Sprint, T-Mobile, Verizon Wireless, Boost, Virigin Mobile, MetroPCS, Alltel, AWCC, Cricket, Google Voice, and U.S. Cellular. For privacy policy please click below.
Copyright 2011 by Bank of Odessa. All rights reserved. Equal Opportunity Lender and Member FDIC

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