Choice Commercial Money Market
A Choice Commercial Money Market provides the variable market rate of a savings account with the convenience of a checking account. It lets you earn interest on your short-term funds without tying up your money.
There is no monthly maintenance fee as long as the account maintains a minimum balance of $1,000, and the minimum balance to open is only $200. Ask for details about the current interest rate to see how a Choice Commercial Money Market can grow your funds.
Talk with a Bank SNB treasury management representative in your area to determine if a Choice Money Market is right for you, or contact commercial client services at 405.742.1583.
- For balances $0-$999.99, monthly maintenance fee is $10
- There is a minimum balance of $100 to obtain the Annual Percentage Yield
- Withdrawals >6 are $10 each
- Deposited items >15 are $0.25 each
- Borrowed funds charge on uncollected balances is Bank SNB Base Rate +2%
- Items are kept in safekeeping for a limited time
- Images of stored items may be obtained from Customer Service at any time; Bank SNB reserves the right to charge a $3 copy fee for an excessive number of copies
- By law, withdrawals are limited on this account to a combination of six transactions per statement cycle for automatic transfers to third parties, preauthorized payments, wire transfers, ACH items, telephone transfers, Internal transfers, CheckCard transactions, checks and drafts