Citizens Preferred:
MONEY MARKET DEPOSIT ACCOUNT - INTEREST BEARING ACCOUNT
YOU MUST DEPOSIT $1000.00 TO OPEN THIS ACCOUNT
You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. You receive free money market checks.
If the average daily balance falls below $1,000.00 during the statement cycle a $5.00 service charge will be imposed. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
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