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Money Market Account Rates

BUSINESS MONEY MARKET ACCOUNT
ANNUAL PERCENTAGE YIELD (APY)
.80%
Balances $1,000 or more

  • Unlimited deposits and ATM withdrawals, and up to 6 additional business money market transfers and withdrawals
  • Balances of $999.99 or less will earn .30% Annual Percentage Yield (APY).
  • Variable rate product; interest rates may change at any time.
  • $20 monthly fee if Average Available Balance falls below $1,000
  • Service charge fees may reduce earnings. 

 

PERSONAL MONEY MARKET ACCOUNT
ANNUAL PERCENTAGE YIELD (APY)
.80%
Balances $1,000 or more

  • Unlimited deposits and ATM withdrawals, and up to 6 additional personal money market transfers and withdrawals
  • No monthly maintenance fees.
  • Debit Card and check access.
  • Telephone banking and online banking access.
  • Balances of $999.99 or less will earn .30% Annual Percentage Yield (APY).
  • Your deposits are insured by the FDIC up to the maximum allowed by law.
  • Variable rate product; interest rates may change at any time.

 

Business Money Market Account - Six transfers and withdrawals

Federal law limits certain types of telephone, check and electronic transfers and withdrawals from money market accounts to 6 per statement cycle. These limited transactions include things like Point of Sale transactions, Online and Mobile Banking transfers, and transfers from your Money Market Account to another of your TWB bank accounts. If you go over this limit, we charge $10 for each of these transactions after the initial 6. If you exceed this limit on more than an occasional basis, we are required to close your Money Market Account.

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Personal Money Market Account - Six transfers and withdrawals

Federal law limits certain types of telephone, check and electronic transfers and withdrawals from money market accounts to 6 per statement cycle. These limited transactions include things like Point of Sale transactions, Online and Mobile Banking transfers, and transfers from your Money Market Account to another of your TWB bank accounts. If you go over this limit, we charge $10 for each of these transactions after the initial 6. If you exceed this limit on more than an occasional basis, we are required to close your Money Market Account.

More information and Schedule of Fees for TWB’s Services - 143 kb pdf will open in a new window

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MONEY MARKET ACCOUNT .65% ANNUAL PERCENTAGE YIELD Click to Learn More

A Bank That Understands Your Business
From Left to Right: John Tolomer, Jules Liebman

“We need a bank that understands the construction business. The Westchester Bank knows our needs and provides us with highly efficient and quality service.”

John Tolomer, President & CEO, The Westchester Bank
Jules Liebman, Chairman, G.A. Fleet Associates, Inc.


Latest News

The Westchester Bank Receives 26th Consecutive Bauer FInancial 5-Star Rating, and Top 200 Bank Ranking

Published 05/03/2018

The Westchester Bank, headquartered in White Plains and one of the fastest growing community banks in the nation, is pleased to announce it has received two recent, noteworthy accolades. The first is a Bauer Financial 5-Star Rating for the 26th consecutive quarter, a record 6 ½ years for the Bank!

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