Somerset Hills Bank: The way your bank should be
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Consumer Services

Savings Accounts

Money Market Account

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.

 
  • Write up to six third party checks per month**
  • Free telephone banking
  • Interest is compounded daily and credited to your account monthly.
  • Monthly statement with check images



APYs effective as of January 14, 2012

Account NameDaily Balances of:Interest RateAnnual Percentage Yield
MONEY MARKET ACCOUNT*$0.01- $9,999.990.10%0.10%
$10,000.00 - $24,999.990.10%0.10%
$25,000.00 - $49,999.990.20%0.20%
$50,000.00 and above0.20%0.20%
  • *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.
  • **REGULATORY TRANSACTION LIMITATIONS MAY APPLY

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