Premium Money Market Account

Premium Money Market Account Features

  • Available for consumer and business clients
  • Variable rate interest bearing account*
  • Minimum to open $2500
  • Must maintain at least $50,000.00 average monthly balance for premium interest rate. If average monthly balance falls below $50,000.00 the interest rate for the month will revert to our standard money market rate.
  • This offer applies to “new money deposits”, defined as deposits not previously held by CapTex Bank
  • Check images returned with statement
  • Free Online Banking with Bill Pay and Mobile Banking
  • 24-Hour Telephone Banking
  • Premium interest rate is tied to current FedFunds rate minus 50 basis points
  • Interest rate and Annual Percentage Yield (APY) subject to change monthly on 1st business day of the month
  • A standard overdraft fee of $25 will apply to each item that overdraws the account**
  • A return item fee per presentment of $25 will apply per item or payment**

*Account fees could reduce earnings
**An overdraft or return item fee of $25.00 will be charged per item for covering overdrafts created by check, in-person withdrawal, ACH or other electronic means excluding ATM/Debit card transactions. Be aware that such an item may be presented multiple times and an overdraft fee may be charged each time an item or payment is presented against insufficient funds.