Ireland Bank’s Essential Money Market Account is tough to beat. If you need access to your funds but want the added benefit of earning interest look no further than our Essential Money Market Account.
Account Benefits
- Business Online Banking
- Bill Pay
- Mobile Banking1
- Personalized checks available2
Account Features
- Minimum opening deposit – $2,500
- Interest compounded and paid monthly3
- Unlimited deposits
- Monthly service charge – $18
- Monthly service charge reduced $15 if a minimum average daily balance of $2,500 is maintained for the statement cycle4
- Receive a credit back of $3 for every statement cycle the account is enrolled in E-Statements
- An additional service charge of $15 will be charge for each withdrawal over six (6) per monthly statement cycle (excessive withdrawal)
- Lowest possible service charge for this account is $0
- Message and data rates may apply. Please contact your mobile carrier for details.
- Personalized check prices may vary.
- You must maintain a minimum daily balance of $2,500 in the account each day to earn interest for that day. Interest is calculated by the daily balance computation method which applies a daily periodic rate to the balance in the account each day. An accrual of less than $0.01 per statement cycle will not be paid.
- The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.