Our MoneyMax account is a tiered Money Market Account that provides high
yielding market rates, liquidity and safety. You have the flexibility of making
up to six withdrawals or transfers during any statement cycle.
A minimum opening deposit of just $5,000 gets you started and you'll have the
security of FDIC insurance up to the maximum amount permitted by law. Interest
is calculated on your daily available balance and is credited monthly. A $12
monthly maintenance fee is assessed if the account balance falls below $5,000 on
any day during the statement cycle
|The tiered interest rate and the APY will
depend on the daily collected balance maintained in the account as shown
rate schedule. The interest rate and the Annual Percentage Yield (APY)
on this variable rate account is determined at the discretion of the
bank, and can change at any time without notice.
|Simple interest is paid and
compounded monthly. If you close the account before the interest is
credited, you will not receive your accrued interest. We use the daily
collected balance method to calculate the interest on your account.
Interest begins to accrue on noncash items on the day of deposit..
From time to time your business may have need to invest funds for a longer
period of time. You can choose certificates of deposit for terms from 30 days to
1 year at competitive rates fixed for the term of the certificate.
||For larger short term
investments, Hilltop Community Bank offers JUMBO CDs which require a
minimum deposit of $100,000. For our current JUMBO CD offering rate,
please call 908 522-0090.
Interest you earn will be added to your principal
investment or transferred to your business operating account. Certificate of
Deposit funds are federally insured by the FDIC.