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    109 Northside Office Park - Andalusia

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    301 South Edwards St. - Enterprise

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    104 S. Section Street - Fairhope

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Home Money Market Rate Update

Money Market Rate Updates

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Money Market Rate Changes:  The following Annual Percentage Yields (APY) are current as of November 8, 2024 and are subject to change. 

Tier 1:  1.11% APY (balances of $0 - $24,999.99);

Tier 2:  1.26% APY (balances of $25,000 - $99,999.99);

Tier 3:  1.36% APY (balances of $100,000 - $249,999.99); and

Tier 4:  1.51% APY (balances of $250,000 and above).  Monthly charge of $7.00 if balance is below $2,500 on any day during the monthly statement cycle.  Fees could reduce earnings on the account.  Withdrawals are limited to six per month.

 

NOW Rate Change: The new NOW rate is 0.05% APY and is effective as of April 1, 2021. This rate is subject to change.  Monthly charge of $7.00 if balance is below $1,000 on any day during the monthly statement cycle.  Fees could reduce earnings on the account.

 

Super NOW Rate Change:  The new Super NOW rate is 0.10% APY and is effective as of April 1, 2021. This rate is subject to change.  Monthly charge of $7.00 if balance is below $2,500 on any day during the monthly statement cycle.  Fees could reduce earnings on the account.

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