Features and requirements for the MORLinked Money Market Sweet Account include:
- Must have MORLinked Checking Account
- When balance in MORLinked Checking reaches $30,000, funds in excess of $25,000 are automatically transferred to MORLinked Money Market Sweep Account in increments of $5,000.
- Unlimited transfers allowed from Checking to Money Market Sweep
- Funds transferred from MORLinked Money Market Sweep Account to MORLinked Checking in $5,000 increments if checking balance drops below $0.1
- $5,000 minimum opening deposit required
1 Transfers from Money Market Sweep to Checking limited to six (6) per statement cycle.
This is a limited transaction account. Account is limited to no more than 6 withdrawals or transfers per month; 3 can be third party transactions. Countable transactions include telephone, internet, wire and ACH transfers, pinned point-of-sale purchases and checks. You will be charged $10 for each withdrawal in excess of six. Exceeding these limitations may result in account closure, change of account type, termination of transfer capability, or other remedial action. See Pricing Schedule for full details.