Money Market Account – Truth in Savings

TISA Disclosure for DD Product 011 PERSONAL MONEY MARKET


Minimum Balance to Open Account – $50.00

Minimum Balance to Obtain the Annual Percentage Yield Disclosed – Maintain daily balance of $1,000.00.

Minimum Balance to Avoid Imposition of Monthly Base Fee – A monthly base fee of

$15.00 will be imposed unless a minimum daily balance of $1,000.00 is maintained for the monthly statement cycle.

Fees – A service charge of $10.00 will be charged for each debit over six (6) during each statement cycle regardless of minimum daily balance.

Please refer to our “Schedule of Deposit Service Fees” for additional fee(s) which may apply.

Rate information:

NOTE: In this disclosure, Annual Percentage Yield is abbreviated as “APY”.




Balances Through
















Balances Over




The interest rate and annual percentage yield may change.

For rate information after the date noted above, please call us at 678-284-3432.

Frequency of Rate Changes – We may change the interest rate on the account at any time.

Determination of Rate – At our discretion, we may change the interest rate on the account.

Compounding and crediting Frequency – Interest will be compounded every day. Interest will be credited to the account on the last day of your statement period.

Accrual of Interest on Noncash Deposits – Interest begins to accrue on the business day we receive the credit for the deposit on noncash items (for example, checks).

Daily Balance Computation Method – A daily balance method is used to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day.

Effect of Closing Account – Accrued interest will be paid.

Unlimited Transactions / Withdrawals:

1. Withdrawals from the account made by mail, messenger, Automatic Teller Machine (ATM), or in person

2. Transfers from one account of depositor to another account of the same depositor, made by mail, messenger, Automatic Teller Machine (ATM), or in person.

3. Transfers for the purpose of repaying loans at the same institution.

Limited Transfers / Withdrawals:

The following transactions / withdrawals are limited to 6 per statement cycle.

1. Online or Mobile Banking Transfers.

2. Transfers from a Money Market account to another account.

3. Third party check(s).

4. Debit card transactions.

5. Third party preauthorized or automatic transfer(s), Automatic Clearing House(ACH).

6. Transfers completed by way of telephone or fax.

Money Market accounts are limited transaction accounts and are subject to Regulation D. Excessive withdrawals over the limit may result in fees, account closure, change of account type, termination of transfer capability or other remedial actions.

We reserve the right to require seven (7) days prior notice in writing to withdraw any or all of your balance from your Money Market account.
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