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Money Market Accounts

EverGreen Money Market

 

Annual Percentage Yield

Rate

Specifications

0.50%

0.4989%

  • Tiered balance interest as follows: balances from $.01-$2,499.99 earn 0.20% APY; balances from $2,500.00-$9,999.99 earn 0.20% APY; balances from $10,000.00- $24,999.99 earn 0.20% APY; balances from $25,000.00- $49,999.99 earn 0.20% APY; balances from $50,000.00- $99,999.99 earn 0.40% APY; balances from $100,000.00- $249,999.99 earn 0.40% APY; and balances $250,000.00 and greater earn 0.50% APY.
  • Variable rate account; rate may change after account is opened.
  • Minimum balance to open is $1,000.00.
  • Compounding method - monthly.
Fees may reduce earnings.

Emerald Money Market

 

Annual Percentage Yield

Rate

Specifications

0.20%

0.1998%

  • Variable APY account; APY setting equal to 50 bps below the prior month-end Schwab Value Advantage Money Fund as quoted by the National Association of Securities Dealers Inc., under the ticker symbol: SWVXX.
  • Minimum balance to open is $5,000.
  • New money; cannot be transferred from another 3rd Fed account
  • Compounding method - monthly.
Fees may reduce earnings.

Business Money Market

 

Annual Percentage Yield

Rate

Specifications

0.90%

0.8963%

  • Tiered balance interest as follows: balances from $0.01 to $9,999.99 earn 0.40% APY; balances from $10,000 to $49,999.99 earn 0.70% APY; balances from $50,000 to $99,999.99 earn 0.80% APY; and balances $100,000 and greater earn 0.90% APY.
  • Interest is credited monthly and based on actual days. Daily balance calculation method is used to determine the interest earned.
  • Minimum balance to open is $1,000 and must be maintained in order to avoid monthly service fee.
Fees may reduce earnings.

Rates effective as of .  Rates are subject to change.  To obtain the most current rate information, please call a Green Team customer service member at 1.888.918.4473 during regular business hours.