Premium Money Market Account

A limited transaction account that offers higher interest rates and premium benefits for our clients who have multiple accounts with The Bank & Trust.

Premium Benefits:

  • $10,000 Opening Balance
  • Minimum daily balance of $2,500 required to earn interest (Interest calculated on daily balance and paid monthly)
  • Minimum daily balance of $25,000 required to earn Premium interest rate (Interest calculated on daily balance and paid monthly)
  • Rates vary based on account balance
  • Internet/Mobile/Text Banking
  • Trust24 Telephone Banking

Conditions & Fees

  • Must have a Bank & Trust Checking or NOW Account
  • $10 monthly service charge if minimum daily balance falls below $10,000
  • Limited transaction account with a $5 per item service charge per statement cycle for any withdrawal exceeding regulatory limitations

We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items.