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Business Relationship Rewards Money Market Account

Hancock Bank of Alabama

Minimum Deposit to Open: $10,000.00

Hancock Bank's Business Relationship Rewards Money Market Account is a premium account that rewards businesses with higher interest rates tiered according to balance. A business checking account is required to open this money market account.
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Features Benefits
No Service Charge with $10,000 Balance Saves Money
Earn competitive interest rates on balances* Increase Earnings
Tiered rates based on balances Rewarded for Higher Balances
Funds available for easy access Liquidity and Convenience
Simple, easy monthly image statements Saves Time


*Rates are subject to change daily.
* Current tiers and rate information is available through your local branch or HandyCall®

* Interest will be credited and compounded to the account on a monthly basis. Interest begins to accrue no later than the business day credit is received for the deposit of non-cash items. If the account is closed before interest has been credited, all accrued interest will be paid at closing.
*Early closing fee will apply to accounts closed during the first 180 days after the account is opened.

Minimum Daily Balance Monthly Service Charge
$10,000 and Above No Service Charge
Below $10,000 $15.00

 

Deposited Item Counts Deposited Item Fees
First 100 combined deposited items Free
Items above 100 combined deposited items $0.50

Combined items are: checks deposited, credits, deposit tickets, and ACH debits and credits.

An item fee of $20.00 per withdrawal in excess of three (3) per month will be applied. Federal law limits transfers and withdrawals from this account to six (6) per month with no more than three (3) by third party checks,drafts, debit cards, or similar orders.




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