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Frequently Asked Questions: High Yield Money Market Account

Please review the list below for your question. If you have additional questions, please contact us at 847.407.2300.

Why is there a service charge on my account?
Why is my interest rate lower than when I opened the account?
Is there a transaction limit on this account?


Why is there a service charge on my account?
There are two potential explanations for a service charge on your Money Market account:

  1. Our Money Market Account charges a $9 monthly service fee if your average daily balance for the statement cycle falls below $1,000.
  2. There are transaction limitations on this account. Please click here for more information.

If you have any questions regarding your account or a service charge, please call us at 847.407.2300.

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Why is my interest rate lower than when I opened the account?
Variable Rate Account disclosures apply to our Money Market Account:

  • Interest Rate: The interest rate and annual percentage yield may change.
  • Determination of Rate: At our discretion we may change the interest rate on your account.
  • Frequency of Rate Change: We may change the rate on your account at any time.

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Is there a transaction limit on this account? 
Yes. Please click here for more information.

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