Money Market Account

Contact one of our New Account Representatives to discuss opening this type of account today!


Your specific questions regarding a Money Market Account can be handled by one of our New Account Representatives by contacting them at (606) 474-7811.


Rate Information

This account is an interest bearing account.  Contact the Commercial Bank for current rates

The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account at any time. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly.


Balance Information

We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. We calculate the daily periodic rates bases on a 365 day year. You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.



You must deposit $2,500 to open this account. 

If your Account is a savings or money market deposit account, federal law requires that an Account Holder may make no more than six (6) transfers and/or withdrawals during any one (1) calendar month or statement cycle (the period from one statement to the next) or similar period of at least four weeks, to another of your accounts with us or to a third party by means of a preauthorized or automatic transfer, or telephonic (including data transmission) agreement, order or instruction or by check, draft, debit card, or similar order made by you and payable to third parties.  A “preauthorized transfer” includes any arrangement by us to pay a third party from your account upon written or oral instruction (including an order received through an automated clearing house (ACH) or any arrangement by us to pay a third party from your account at a predetermined time or on a fixed schedule.) 


Account Fees

Money Market Excess Withdrawal Fee: $5.00 will be charged for each debit in excess of six during a statement cycle.
A service charge of $10.00 and $.15 charge per check will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle or if the average daily balance for the statement cycle falls below $10,000


Financial Tools

Click Here to see additional Financial Tools & Calculators available.  Here you will find some easy-to-use online calculators to help you solve some common financial problems.