Money Market Accounts

Colombo Bank money market accounts offer a combination of convenience, safety, liquidity and a very competitive yield. You will enjoy the following features:

• Minimum Opening Deposit and to earn interest is $2,000.00
• Monthly Maintenance Fee is $15.00.
• Federal Banking Regulations limit you to only six preauthorized or telephone funds transfers (including online transfers) to your other accounts or third parties per statement period. These include checks, telephone or fax transfer requests and ACH debits. If these limits are exceeded, a per item fee will be assessed.
• Individuals may use their Colombo Bank ATM/Debit card at any STAR, CIRRUS, AFFN, THE EXCHANGE or VISA/PLUS ATM machine to make withdrawals, transfers between Colombo Bank accounts and Point-of-Sale purchases.
• Interest is compounded monthly and credited monthly on daily balances falling within the following tiers:
  $2,000.00 to $24,999.99
  $25,000.00 to $99,999.99
  $100,000 and higher
  Click here for current rates and yields
• Contact or visit your local Colombo Bank Branch Representative for a current Service Fee Schedule.