Money Market
Looking for a liquid savings plan for emergency needs or just a good return on your money?
McHenry Savings Bank can offer you a competitive variable interest rate. Our Money Market Account rewards you with higher interest rates for higher balances, with an added convenience of limited check writing. As your balance grows, your account automatically moves to a higher tier.
Min Balance to Open | $1,000 |
Service Charge | $11.00 per month if balance < $1,000 |
Check Writing | Yes - 6 debits/month ** |
Interest Paid | Yes, tiered based |
Free Checks | none |
Direct Deposit | Free |
Debit Card | N/A |
Images with Statement | Yes |
Statement Options | Paper or eStatements |
**Service charge for each item over 6 debits $15.00 per item.