Market Interest Account
Save your money and take advantage of tiered money market rates.
Federal regulations allow no more than six preauthorized
transfers per month on savings accounts or market interest accounts,
including a maximum of three drafts. There is no regulatory limit to
the number of withdrawals made in person or at the ATM, however, you
may be subject to excessive withdrawal fees (see below). Interest is
compounded and paid monthly on the collected balances on all
interest-bearing accounts. Interest rates and Annual Percentage
Yield are subject to change without notice.
At First Interstate Bank, we offer a variety of savings plans insured
for up to $250,000 by the Federal Deposit Insurance Corporation (FDIC).
Unlimited FDIC insurance is available on non-interest bearing
accounts (Through December 31, 2009).
- Earns tiered money market rates (Rates subject to change).
- No monthly maintenance fee is charged if $1,000 minimum
balance is maintained.
- $10 monthly maintenance fee is
charged if balance drops below minimum.
- There is an excessive withdrawal fee of $10 if withdrawals
exceed five (5) per month. Withdrawals made at an ATM, using the
Internet or using the automated telephone banking service are
not included in the five (5) per month. Any other type of
withdrawal will be counted in the five (5), including in-person
withdrawals.
- 2,000 free Bonus Points for ScoreCard VISA® in conjunction
with opening a Market Interest account.*
- Earn free airline tickets or name-brand merchandise.
- $1 in purchases = 1 ScoreCard point
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Disclaimers
*Subject to approval
All Checking and Savings accounts require a
$100 opening deposit with the exception of a regular savings account for
minors which is $50. All interest-bearing accounts pay interest on the
average collected daily balance, compounded monthly and credited to the
account monthly. Interest rate and annual percentage yield are subject
to change.
Interest rates on Checking Accounts, Regular Savings, Market Interest
and variable rate IRAs are subject to change without notice.
