








 |


Money Market Flex Index Account
GET A GREAT RATE WITH EASY ACCESS, AND THERE’S NO RISK.
Bank of Milton Money Market Flex Index Account offers a high, competitive rate of interest, yet is fully insured, and you have immediate access to your funds. A minimum deposit of $10,000 will open this great investment opportunity.
WHAT AN INVESTMENT ACCOUNT WAS MEANT TO BE
The Bank of Milton Money Market Flex Index
Account offers you:
- High interest rate.
- FDIC insurance (protects principal and interest to $100,000)
- Direct deposit of payroll or Social Security checks
- Convenient withdrawals, deposits and inter-account transfers*
- No market risk. Unlike money market mutual funds, your principal is
guaranteed never to go down
MARKET INDEX RATES
The Bank of Milton Money Market Flex Index Account offers a premium money market return, which is competitive with the highest yielding money market funds in the area. Weekly interest rate adjustments offer you the most competitive rates available.
*You may make as many withdrawals as you wish by mail, or in person, however, limit
pre-authorized, electronic or telephone withdrawals to three per statement period. For the Bank of Milton Money Market Flex Index Account, all three may be checks.
INTEREST RATE
When you maintain an average monthly balance of at least $10,000, your interest rate will be competitive with the highest yielding money market funds in the area. If your account average balance is less that $10,000, you receive a rate of interest set by the bank. Call for our current rates.
Balance Interest Rate
$0 - $9,999 Rate set by the bank
$10,000 + Rate set by the bank
QUALIFYING BALANCES
A Bank of Milton Money Market Flex Index
Account has no monthly service charge when:
- You maintain an average monthly balance of $10,000 or more.
And, a Bank of Milton Money Market Flex Index Account has no monthly transaction charges.
However, if you choose not to maintain the average monthly balance, your account will be charged a $10.00 service charge per month. Please see a Fee Schedule for details and special fees that may be incurred (overdrafts, stop payment fees, etc.)
**The competitive index used to determine the rate may be subject to change. Fees could reduce the yield.
SAFETY
Bank of Milton Money Market Flex Index
Accounts are FDIC insured, up to $100,000.
IMAGES
OF THE FRONT OF YOUR CHECKS WILL BE RETURNED TO YOU IN YOUR MONTHLY STATEMENT.
|

Member
FDIC |
Bank of Milton
Home
Customer
Identification Program
Privacy
Policy | Banking
Services
Online
Banking | Tools | Investments
Community | About
Us | Hours/Locations
|

Equal Housing Lender
|
| Notice:
The bank is not responsible for and has no control over the
subject matter, content, information, or graphics of the web sites
that have links here. Please contact
us with any concerns or comments.
NOTICE
OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION
ACCOUNTS
All funds in a
“noninterest-bearing transaction account” are insured in full by
the Federal Deposit Insurance Corporation from December 31, 2010,
through December 31, 2012. This temporary unlimited coverage is in
addition to, and separate from, the coverage of at least $250,000
available to depositors under the FDIC’s general deposit insurance
rules. The term “noninterest-bearing transaction account”
includes a traditional checking account or demand deposit account on
which the insured depository institution pays no interest. It does
not include other accounts, such as traditional checking or demand
deposit accounts that may earn interest, NOW accounts, money-market
deposit accounts, and Interest on Lawyers Trust Accounts (“IOLTAs”).
For more information about temporary FDIC insurance coverage of
transaction accounts, visit www.fdic.gov.
|
|
|
Powered by ProfitStars
|
|
 |