Money Market Account Features

  • 24/7 Telephone Banking

  • 24/7 Online Banking

  • Earn Interest

  • FDIC Insured

Product Information

  • Interest

    Interest will be compounded and calculated daily. Accrued interest will be credited to your account monthly.

    Refer to the Account Product Disclosure below for current rates.

     

  • Minimum Opening Deposit

    $2,500

     

  • Monthly Service Charge

    $10
    Monthly service charge can be waived if average daily balance* of $2,500 or more is maintained during each statement period.

  • Transaction Charge**

    $10/debit that exceeds six (6) withdrawals and/or transfers each monthly statement period.

  • ATM Access

    Access through the Bank of Hope, Allpoint and MoneyPass networks are free; however, a fee may be charged for access through other ATM networks and may vary depending on the network provider.

*Average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. 

**$10 per debit that exceeds six (6) withdrawals and/or transfers each monthly statement period, to another account at Bank of Hope or to a third party by means of a preauthorized or automatic transfer, check, draft, point‐of‐sale by ATM/Debit card, telephone(including data transmission) and/or Online/Internet Banking or similar orders.

Account is subject to approval. Other fees and charges may apply. The account is covered by FDIC insurance up to the maximum allowed by the law. See Account Product Disclosure (PDF) for more information.

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*Average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. 

**$10 per debit that exceeds six (6) withdrawals and/or transfers each monthly statement period, to another account at Bank of Hope or to a third party by means of a preauthorized or automatic transfer, check, draft, point‐of‐sale by ATM/Debit card, telephone(including data transmission) and/or Online/Internet Banking or similar orders.

Account is subject to approval. Other fees and charges may apply. The account is covered by FDIC insurance up to the maximum allowed by the law. See Account Product Disclosure (PDF) for more information.