Overview: During peak seasons for your business, you need a convenient way to manage your extra cash. With a Northway Money Market account, you keep your money working hard and it's still readily available if needed.
$1,000 minimum opening balance
Maintain at least a $1,000 balance to earn interest on every dollar
Tiered interest - the higher your balance, the more you earn
Limited check writing - up to six per month
Up to six withdrawals per month (including checks)
No monthly service fee if you maintain an average collected balance per statement cycle of at least $1,000 (otherwise $8)
First 6 transfers or debits are free each statement cycle then each additional debit will be charged an excess transaction fee of $12. If you continue to have excess debits, your account type may be changed to a transaction account as required by regulation.