State Bank of Herscher

Insured Money Market Accounts

Minimum deposit of $2500 to open an account.
Interest is compounded monthly and credited on the last day of each month. If you close your account before interest is credited, you will not receive the accrued interest.
Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account monthly.
There is a $2500 minimum daily balance required. Accounts with less than the minimum balance will be assessed a $5 service charge each month.
You may make six transfers from your account per month, but only three may be payments by check to third parties.
Unlimited withdrawals are allowed if made in person or by mail.
Withdrawals must be for at least $1000. No limit or minimum on deposits.

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