Sugar River Money Market Account
Save more to earn more with our Sugar River Money Market Account.
Our Sugar River Money Market Account requires a $1,000 minimum balance* and earns a variable rate of interest with its tiered rate structure.
Rate Tiers That Affect This Account
| Daily Balance | Interest Rate | Annual Percentage Rate (APY) |
|---|---|---|
| $0.00 - $4,999.99 | 0.05% | 0.05% |
| $5,000.00 - $9,999.99 | 0.07% | 0.07% |
| $10,000.00 - $24,999.99 | 0.09% | 0.09% |
| $25,000.00 - $99,999.99 | 0.12% | 0.12% |
| $100,000.00 and above | 0.26% | 0.26% |
The Sugar River Money Market Account features:
- Unlimited in-person deposits
- Free access to online banking**
- Free E-Statements
- Free 24 hour Touch Tone Teller (T3) automated telephone banking
Transfers from the Money Market Account to another account at the Bank or to third parties by preauthorized, automatic, or telephone transfer are limited to 6 with no more than 6 transfers by check, draft, debit card, or similar order to third parties.
Transactions limitations: Transfers from you Money Market Account to another account at the bank or to third parties by preauthorized, automatic, or telephone transfers are limited to 6 with no more than 6 transfers by check, draft, debit card or similar order to third parties. An fee of $2.00 per item may apply if you exceed the transaction limitations.
*Maintain a $1,000.00 minimum balance to avoid the $10.00 service charge. **No fees or charges imposed by the bank for using The Bank of New Glarus® and Sugar River Bank Branches’ online banking.
Visit the office nearest you and open your Sugar River Money Market Account today!