Neighborhood National Bank Tiered Money Market Personal Rewards
Effective: Monday, February 25, 2008
PERSONAL REWARDS (Click here for Business Rewards)
Receive the following rates on a Tiered Money Market Account with the following balances:
$0-9,999 = 2.53% APY (Annual Percentage Yield)
$10K-49,999 = 2.79% APY
$50K-250K = 3.05% APY
When you maintain:
- A $5,000 Average Daily Balance in Neighborhood Advantage (NA) Checking
And either one of:
- e-Com Online Banking Access Account
or
- An NNB Personal Loan of $15,000
Terms:
- To qualify for Neighborhood Advantage (NA) Checking, minimum opening deposit of $100 is required.
- $50 monthly service charge assessed to Neighborhood Advantage “NA” Checking if average monthly ledger balance of “NA” Checking account falls below the $5,000 level. – Refer to Schedule of Fees for all other charges applied.
- See Schedule of Fees for early closure fees to Tiered Money Market Account (MMA) if closed before first 90 days after opening.
- Must comply with NNB Disclosure Agreement.
- Must be in the same vesting.
- Applies to funds transferred from non-Neighborhood Accounts only.
- Privacy Policy and Disclosure form on www.mynnb.com for Online Banking.
- You must have an existing Personal Loan or must be approved for a new Personal Loan and initial disbursement must be $15,000 upon MMA Account opening.
- Accounts must be opened by coming into a Neighborhood National Bank Branch.
Neighborhood National Bank Tiered Money Market Business Rewards
Effective: Monday, February 25, 2008
Promotion created on:
- Post Card Direct Mail pieces to potential customers
- Statement Inserts to customers
- Lobby posters
- Lobby Tent Cards
- Fliers for various business organizations
- Ads in various local publications
BUSINESS REWARDS (Click here for Personal Rewards)
Receive the following rates on a Tiered Money Market Account with the following balances:
$0-9,999 = 2.53% APY (Annual Percentage Yield)
$10K-49,999 = 2.79% APY
$50K-250K = 3.05% APY
When you maintain:
- A $10,000 Average Daily Balance in Standard Business Checking Account
And either one of:
- e-Corp Online Banking Access Account
or
- An NNB Business Loan of $30,000
Terms:
- To qualify for Neighborhood Advantage (NA) Checking, minimum opening deposit of $100 is required.
- $50 monthly service charge assessed to Neighborhood Advantage “NA” Checking if average monthly ledger balance of “NA” Checking account falls below the $5,000 level. – Refer to Schedule of Fees for all other charges applied.
- See Schedule of Fees for early closure fees Tiered Money Market Account (MMA) if closed before first 90 days after opening.
- Must comply with NNB Disclosure Agreement.
- Must be in the same vesting.
- Applies to funds transferred from non-Neighborhood Accounts only.
- Privacy Policy and Disclosure form on www.mynnb.com for Online Banking.
- Fees applies to initial set-up for e-Corp Online Banking.
- You must have an existing Business Loan or must be approved for a new Business Loan and initial disbursement must be $15,000 upon MMA Account opening.
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