Money Market Accounts

Business Savings Accounts

Money Market Accounts

At Somerset Hills Bank, we want to make sure your money is always working for you to help you meet your savings goals. Our Money Market Account is designed with that in mind - a convenient and easy way to maximize your hard-earned dollars. Money Market Accounts pay tiered interest rates where the higher your balance, the more you earn.

Unlimited withdrawals in person
Write up to three third party checks per month
Transfers to other accounts may be made with Free online banking

Free telephone banking
Interest is compounded daily and credited to your account monthly.
Monthly statement with check images

APYs effective as of September 1, 2010

Product	Balances	Interest Rate	Annual Percentage Yield (APY)
Money Market Savings	$0.01 to $9,999.99	0.20%	0.20%
	$10,000.00 to $24,999.99	0.20%	0.20%
	$25,000.00 to $49,999.99	0.45%	0.45%
	$50,000.00 and above	0.45%	0.45%

This is a variable rate account and the Interest Rates and APY are subject to change at any time.
You must maintain the minimum balance indicated to receive the disclosed APY.
Maintain a minimum daily balance of $2,500.00 to avoid a monthly maintenance fee of $12.00.
Fees could reduce earnings on the account.

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