Get above-market interest rates, accessibility, and security.
0.05% Annual Percentage Yield Money Market on balances of $50,000 or more! Offer available at CNB’s Laurel location only. Available to individuals only. $5,000 minimum balance to open. $15 monthly fee waived with $5,000 minimum balance. There is no minimum balance required to earn interest. Fees may reduce earnings. Account pays tiered interest. Balances ranging from $0.01 to $24,999.99 will receive an Annual Percentage Yield (APY) of 0.01%. Balances ranging from $25,000 to $49,999.99 will receive an APY of 0.01%. Balances ranging from $50,000 or > will receive an APY of 0.05%. Annual Percentage Yield (APY) are current as of November 18, 2020. Rates are set by CNB and are subject to change at any time. Interest will be compounded and credited monthly. If you closer your account before interest is credited you will not receive the accrued interest.
Money markets are limited to six withdrawals a month. But that still gives you a lot of flexibility. You can make as many deposits as you want and get up to six withdrawals or transfers per month, free. For most people, that’s plenty. Additional withdrawals are $5 each.