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Money Market Checking |
| Northland's Cash Investment Account (CIA) Money Market Checking
accounts give you convenient access to one of our high interest paying investment accounts.
Our CIA Money Market Checking includes: |
- DIVIDENDS
CIA Money Market Checking pays monthly dividends on average balances over $2,500 per
month. Monthly dividends means your account pays and compounds dividends
each month.
- FREE INTERNET
BANKING You can access all types of
information about your checking account from our
Internet banking
site.
- FREE CHECKS
You get free checks with your CIA Money Market Checking. You are
allowed to write 3 checks per month on this account.
- FREE TRANSFERS
You can transfer funds to and from your account no more than 6 times per
month.
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| Our high-yielding CIA Money
Market account pays higher monthly dividends to higher monthly average balances. Your
minimum average monthly balance determines the dividend rate paid on your
total average monthly balance in the account. |
Minimum Average
Monthly Balance |
Annual Percentage
Yield (APY) |
| $2,500 |
0.20% |
| $10,000 |
0.20% |
| $25,000 |
0.30% |
| $50,000 |
0.40% |
| $100,000 |
0.40% |
| over $100,000 |
0.60% |
Rates shown are for the month ending October 31, 2011 |
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There is no monthly service charge on this
account - but your account balance may not fall below $2,500. If your
balance falls below $2,500 your account balance will be transferred back to
your Membership Share Savings. Each member's
deposits are insured to at least $250,000 by the
National
Credit Union Share Insurance Fund (NCUSIF) which is administered by the
National Credit Union
Administration (NCUA). |