Insured Money Market Account

SLB offers a money market account that provides a competitive rate of interest while allowing immediate access to your funds. It pays a higher rate of interest than the NOW account. Interest is accrued on a daily collected balance and is credited and compounded monthly.

  • Minimum opening balance $2500.00
  • Monthly service charge of $10.00 if the balance falls below the $2500.00 minimum
  • Minimum balance to avoid service charge $2500.00

Transactions limitations are set by the federal regulations. You are limited to six preauthorized withdrawals per month. Withdrawals in person are unlimited.