| Regions Business Money
Market1 |
| This account offers a safe way to earn higher interest rates than traditional
savings
accounts while retaining access to funds. |
| Account Benefits |
- Competitive interest rates
- 24-Hour Automated Telephone Banking
- 30% Safe Deposit Box rental discount (subject to availability)
|
|
Interest Earned |
- Interest is compounded daily and paid monthly
|
|
Monthly Service Fee†
(per account) |
- $10 monthly fee. Waived with $2,500 minimum daily balance
|
|
Deposits and Withdrawals |
- No charge for the first 25 total combined items, $.50 for each additional item
|
|
Statement Options |
- Online Statements (including check images) - Free
- Check Safekeeping - Free
- Check Images - Free
|
|
Transfer and Withdrawals |
- Limited to six (6) debits per month.
|
|
Safe and Secure |
- Security of FDIC insurance coverage up to the maximum amount permitted by law
|
| How to Apply |
|
All accounts subject to the terms and conditions of the Regions Deposit Agreement. See pricing schedule for additional fees and details.1 This is a limited transaction account. Regulatory limit of six (6) transfers or payments (preauthorized, automatic, by telephone or from a personal computer) including drafts, checks, debit card, or similar order (including POS transactions) payable to a third party, from your money market account per statement cycle.. There is an excessive withdrawal/item fee of $10 per transfer in excessive per monthly statement period. Limit does not apply to in-person withdrawals or withdrawals at an ATM. 3 Safe Deposit Boxes are 5”x10” or smaller and subject to availability.
† Accounts opened in Iowa subject to Iowa State Sales Tax of 5%, which will be assessed at the time the fee is charged, unless exempt.