Money Market Accounts

• Competitive, tiered rates — higher balances earn higher rates
• Enjoy flexibility with enhanced access to funds, including direct check writing:
  • Unlimited in-person withdrawals or by mail
  • 6 free transactions per month by pre-authorized automatic, telephone, checks, drafts, debit cards, or other similar order; 60¢ per transaction in excess thereafter
• Avoid $5 monthly service fee by maintaining a $2,500 minimum daily balance
• Free digital banking services, including:
  • Free online banking
  • Free mobile banking
  • Free Estatements
• $2,500 minimum deposit to open

• Access even higher tiered rates
  • If account falls below $250,000, you will not earn interest that statement cycle
• Enjoy flexibility with enhanced access to funds, including direct check writing:
  • Unlimited in-person withdrawals or by mail
  • 60¢ per transaction
• Free digital banking services, including:
  • Free online banking
  • Free mobile banking
  • Free Estatements
• $250,000 minimum deposit to open

Enjoy peace of mind with full FDIC protection on your high-dollar deposits. ICS distributes your funds over $250,000 into money market accounts across different financial institutions.

Your funds remain secure as they earn competitive interest — and you’ll only ever receive statements from Three Rivers. Put your higher balances to work with this convenient service that does the work for you.

• Enjoy increased coverage while also benefiting from increased access to funds and higher returns than other savings options
• Interest above standard savings, which may compare favorably with other investment alternatives
• Greater security; multi-million dollar FDIC insurance coverage
• Convenience; everything is managed internally by Three Rivers:
  • One interest rate
  • One regular statement
  • One year-end tax form
• Less administrative burden than other collateralized deposits and repo sweep options
• Two convenient options:
  • Insured Cash Sweep Savings (ICSS) – includes 6 program withdrawals per month and deposits funds to money market deposit accounts
  • Insured Cash Sweep Demands (ICSD) – Includes unlimited program withdrawals and deposits funds to demand deposit accounts
• Full FDIC coverage on amounts up to $50 million

How It Works

• Choose from either the ICSS or ICSD options or choose both
• Sign the agreements, use an existing checking or other transaction account (or set one up), and deposit your funds
  • If you choose both the savings and demand options, you will need to have a separate transaction account for each
• $200,000 remains in a transaction account at your bank, the rest are sent to other ICS network banks in amounts less than $250,000¹
• Each individual deposit receives interest, plus full FDIC backing
• As a result, you access FDIC insurance coverage from many institutions while working directly with only your bank

¹Deposits are sent to demand deposit accounts with the demand option and to money market deposit accounts with the savings option. The standard FDIC insurance maximum is $250,000 per insured capacity, per bank.