Personal Money Market
Frontenac's Personal Money Market Account helps your money work harder and gives you easy access to your funds when needed.
- Minimum to open: $100.00.
- Minimum combined balance of $5,000.00 is required to avoid a monthly maintenance fee of $10.00.
- Interest accrues daily on the collected balance.
- Interest compounds monthly and is credited to the account monthly.
- Accrued interest may be forfeited if account is being closed prior to date interest is scheduled to be credited to the account.
- Interest begins to accrue no later than the business day we receive credit for the deposit of any non-cash item (for example: checks).
- The interest rate and annual percentage yield may change at any time at our discretion.
- 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.
- Six transfers are allowed each statement period, only three of which may be checks to third parties. Unlimited transactions allowed in person.
- Check Safekeeping feature.
Savings Account
Frontenac's Savings Account makes it easy for you to put aside a little each day.
- Minimum to open: $100.00.
- Minimum daily balance of $100.00 is required to avoid a quarterly maintenance fee of $6.00. *
- Nine free withdrawals per quarter, then 50¢ per withdrawal.
- Quarterly statement.
- Check writing not permitted.
- Six authorized transfers allowed.
- Interest accrues daily on the collected balance.
- Interest compounds quarterly and is credited to the account quarterly.
- Accrued interest may be forfeited if account is being closed prior to date interest is scheduled to be credited to the account.
- Interest begins to accrue no later than the business day we receive credit for the deposit of any non-cash item (for example: checks).
- The interest rate and annual percentage yield may change at any time at our discretion.
*Service charge waived for minors.