Personal Preferred Money Market
Designed for those with higher investible balances who choose to retain liquidity. Tiered interest varies with the current market. A great source for emergency funds without the penalties of traditional time deposits.
Account Features & Benefits:
- Minimum Opening Balance: $100
- Interest Tiers by Balance:
- $10,000 - $49,999
- $50,000 - $249,999
- $250,000 - $499,999
- $500,000 - $1,499,999
- $1,500,000 and over
- Minimum Balance to Earn Interest (calculated on daily ledger balance, paid monthly): $10,000
- To Avoid Service Charge: $10,000 minimum daily balance
- Service Charge: $15 per month
- Auto-Refunds for Foreign ATMs* (other banks’ surcharges): N/A
- Foreign ATM Transaction Fee*: $3
- Statements: Paper or E-Statement
- Check Images: Images in Statements
*These do not apply when using the Allpoint network. Visit veritexbank.com/business/allpoint-atm-network for the Allpoint ATM nearest you.