Personal Money Market Specials
MINIMUM TO EARN APY*
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APY*
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Less than $25,000
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3.40%
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$25,000 and above
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3.40%
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- $2,500 minimum balance to avoid monthly service charge fee
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- Minimum you can withdraw/transfer: $500
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*Important Account Requirements. Annual Percentage Yield (APY) is current as of 11/12/2024. New money is money that has not been on deposit at First Bank Chicago for at least 30 days. Rate Information. The interest rate and APY are variable and subject to change at our discretion. We may change the interest rate on your account at any time. There are no maximum or minimum interest rate limits for this account. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Compounding and Crediting frequency. Interest will be compounded and credited to your account monthly. Minimum to Open the Account. You must deposit $1,000.00 to open this account. Minimum Balance to Earn Interest. You must maintain a minimum daily balance of $ .01 or greater in the account each day in order to earn interest. The interest rates paid are based on tiered account balances as follows: $0.01-$24,999.99 & $25,000.00 and above. This means that one or more interest rates and Annual Percentage Yields may apply to your account. When your daily balance is within a specified tier range, the interest rate and corresponding Annual Percentage Yield will be earned on the entire balance in your account. Minimum Balance to Avoid Imposition of a Fee. A $15.00 fee will be imposed every monthly statement cycle if the balance in the account falls below $ 2,500.00 any day of the cycle. Fees. Fees may reduce earnings. Please refer to our Schedule of Fees for all fees charged by the bank.
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