Century Online Banking


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Money Market Solutions

Enjoy the competitive interest rates of our money market accounts while maintaining access to your funds when needed. We offer both a “Regular Money Market Account” and, for higher deposits, our “Century Select Money Market Account.”

Regular Money Market Account

Requirements:

  • Minimum to open is $2,500
  • No minimum balance to earn interest
  • Tiered rate structure
  • A $7.50 balance fee (in the service charge) will be imposed each month if the balance falls below $2,500 any day of the statement cycle Transfers from this account to another account in the bank or cash withdrawals in person are unlimited.
  • Federal banking regulation limits transfers to another account or to third parties by preauthorized, automatic, telephone, computer or check to six (6) transactions per statement cycle. There will be a $5 Excess MMD transaction charge for each debit exceeding this limit.

Current Rates as of 11/21/2017

Account Balance Interest Rate *APY
$.01 to $24,999.99 0.15% 0.15%
$25,000 to $49,999.99 0.20% 0.20%
$50,000 to $99,999.99 0.25% 0.25%
$100,000 and over 0.30% 0.30%

Each tier described above reflects the average daily balance required to obtain the applicable *Annual Percentage Yield (APY). We use the average daily balance method to calculate the interest on your account. We may change the interest rate on your account at anytime. Fees may reduce earnings.


Century Select Money Market Account

This account is designed for those who have a Century Select Checking account and want to earn higher interest rates.

Requirements:

  • Minimum to open is $5,000
  • No minimum balance to earn interest
  • Tiered rate structure
  • A $25 balance fee (in service charge) will be imposed each month if the balance falls below $5,000 any day of the statement cycle.
  • Transfers from this account to another account in the bank or cash withdrawals in person are unlimited.
  • Federal banking regulation limits transfers to another account or to third parties by preauthorized, automatic, telephone, computer or check to six (6) transactions per statement cycle. There will be a $5 Excess MMD transaction charge for each debit exceeding this limit.

Current Rates as of 11/21/2017

Account Balance Interest Rate *APY
$.01 to $24,999.99 0.20% 0.20%
$25,000 to $49,999.99 0.30% 0.30%
$50,000 to $99,999.99 0.40% 0.40%
$100,000 and over 0.50% 0.50%

Each tier described above reflects the average daily balance required to obtain the applicable *Annual Percentage Yield (APY). We use the average daily balance method to calculate the interest on your account. We may change the interest rate on your account at anytime. Fees may reduce earnings.


1For additional information see our Fee Schedule or contact us.