Indexed Money Market Account
With an Indexed Money Market Account, you’ll enjoy these benefits:
- Security of FDIC insurance**
- Access to your funds
- Competitive interest rate tied to the Fed Funds rate
Centric Bank offers the products and services you expect, delivered with uncommon personalized service. Call us at 717.657.7727 or stop in to Centric Bank to open your Indexed Money Market Account!
* This account has a variable rate at 75% of the Effective Fed Funds Rate (EFFR) which was 1.10% as of 07.31.2017. New Annual Percentage Yield (APY) takes effect on the first day of the following month. Business and Individual Retirement Accounts (IRAs) are not eligible. A minimum balance of $25,000 new money (money not already on deposit with Centric Bank) is required to open account and avoid a monthly maintenance fee of $50.00. Fees may reduce earnings. Interest rate may change after account opening. Offer is subject to change or be withdrawn at any time without notice. Federal regulations limit the number of pre-authorized withdrawals made from a money market account to six per month. ** Up to $250,000 per account owner.