Pacific Mercantile Bank - Personal Basic Money Market Account

Personal Basic Money Market Account

You want every dollar working. This account earns interest and has limited check writing capability. Open this account with just $2,500.00 and start managing your cash flow today.

Features

Make up to six withdrawals per month
Free unlimited deposits
Access to your account information using our Online Banking Solution
Transfer funds to and from this account conveniently and easily online
Download account information to Intuit QuickBooks in one easy step
E-mail alerts automatically sent when your balance goes above or below dollar amounts you specify
View up to 24 months of statements online
FDIC insured
Conduct business online, through the mail (use our free bank-by-mail envelopes) or at any of our convenient Financial Centers.

Monthly Fee

All of the above features are included in the low monthly fee of $15.00. We will waive the fee each month you maintain a minimum balance of just $2,500.00 in your account.

Interest Rate

Personal Basic Money Market	Interest Rate	APY*
Less than $2,499.99	None	None
$2,500.00 to $24,999.99	0.10%	0.10%
$25,000.00 to $49,999.99	0.15%	0.15%
$50,000.00 to $99,999.99	0.20%	0.20%
$100,000.00 or above	0.55%	0.55%

* Annual Percentage Yield (APY) is accurate as of 7/29/2010. Rates on CDs are fixed for the term of the CD at the time of opening. For all other interest bearing accounts, the interest rate may change after account is opened. Rates offered are subject to change at any time without prior notice. Fees and early withdrawal penalties could reduce earnings on the account. See Product Information for other terms and conditions.

This account has the following transaction restrictions and charges:

Limit of six withdrawals, transfers to another Pacific Mercantile Bank account, or electronic (ACH) debit transactions allowed per month; no more than 3 of these transfers allowed by check, draft, debit card or similar order.
Debits in excess of the maximum will be assessed a fee of $15.00 each.

Disclosures:

Terms and Conditions | Product Information | Schedule of Fees and Charges | Funds Availability