A money-market deposit account with easy accessibility and higher interest rates. $2,500 minimum balance.
Piedmont Money-Market Account Benefits
- Maximum of six (6) withdrawals per billing cycle by check, draft or transfer to another account, no more than three of which can be by check.
- Unlimited in-person withdrawals at any Piedmont Federal branch.
- No management fees — all of your money is working hard for you.
- No penalty for early withdrawals, unlike typical money-market accounts or CDs where your funds are invested for a specific period of time. You have the flexibility to move your money any time you wish.
- Simply maintain a balance of $2,500 in the account, and you’ll earn money-market rates based upon the balance you maintain. If your balance falls below $2,500 during the month, you will receive a reduced interest rate during the time your account is below the minimum.
- FDIC insurance of accounts.
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