This account is ideal for businesses who wish to invest funds, but also need the ability to write a check every once in a while. This account generally pays our highest interest rate compared to other interest-bearing checking accounts offered by the bank.
Interest is compounded daily and credited to your account every statement cycle
No monthly service charge if daily balance is kept at $2,500 or higher, otherwise a $10 service charge will be assessed
Eligible for all types of businesses
Tiers for interest earnings:
$2,500 - $9,999
$10,000 - $24,999
$25,000 and above
Minimum deposit to open account - $2,500
Transfers from a Money Market account to another account or to third parties by means of a preauthorized, automatic, electronic, or telephone transfer, check, draft, debit card, or similar order made payable to third parties are limited to six per statement cycle.
An excessive item charge of $10.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of six during a statement cycle.
ACH Origination is for the collection or disbursement of funds. Businesses can take advantage of direct deposit (payroll) and direct payments through ACH Origination. Other advantages include minimizing the cost of preparing, mailing and reconciling paper checks. Please call us for more information.
Use your Preferred Points Card to earn points that you can redeem for rewards. Earn one point for each dollar spent, up to 10,000 points per month.
Redeem your rewards points for cash-back awards, retail gift cards, travel and a wide variety of merchandise including cameras, mp3 players, home theater systems, portable DVD players, sporting equipment, jewelry, luggage, electronics, video game equipment, gift cards and more.
24-hour toll-free live customer assistance available at 800-367-7576.
Type the information and then print the application (you cannot save the document, so print an extra copy for yourself), or print it and then complete it using a blue or black pen. Paper applications are also available at our local branch office.
Fax your completed application to the Card Service Center at 877-809-9162.
Or mail your completed application to: Card Service Center
PO Box 569120
Dallas, TX 75356-9120 *Please see application for information about current APRs, introductory interest rate and fees.
NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS: By operation of federal law, beginning January 1, 2013 funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category. For more information, visit www.fdic.gov.Muenster State Bank NMLS number 405380