Money Market Accounts are share accounts that let you earn a higher interest rate than a regular share account. Interest is paid monthly. These accounts have a minimum balance requirement to earn interest and the interest rates are on a tiered schedule:
Transfer Limitations for all share and Money Market accounts, no more than six (6) preauthorized, automatic, telephone, or Internet transfers and withdrawals may be made from each account to another account of yours or to a third party in any month, and no more than three (3) of these six (6) may be made by check, draft, or access card to a third party.