Money Markets

Saving money is essential. Whether you're saving for a major purchase or simply want a safe place for your emergency funds, a Centennial Bank Money Market account is a smart choice. Quick and easy access to your money when you need it, plus these great benefits:

  • FDIC insured up to the maximum amount allowed.
  • Transfer money between your Money Market account and other Centennial Bank accounts.
  • Unlimited over-the-counter withdrawals or ATM transfers.
  • 6 pre-authorized withdrawals each month.
  • Access your account online with free Online Banking, by phone, or in person.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

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