For those who require liqudity and FDIC insurance our Premier Money Market Account is for you. Premier Money Market Account requires a minimum opening balance of $100.00. This account earns a higher interest rate for accounts maintaining more substantial balances. The account allows (6) preauthorized debits during the monthly statement cycle. The interest rate earned varies according to the account’s daily balance. The daily balance method is used to calculate the interest on the account. The account is subject to a $20.00 service charge if the balance falls below $25,000.00 during the statement period.