CHECKING - WAVE Money Market Share Draft Account: Features tiered monthly dividends based upon an average daily balance. Benefits include higher yields than regular checking accounts, plus your funds remain liquid.

• $2,500 minimum balance required to open and maintain a MMSDA.
• Earn a higher yield than a checking account.
• Dividends compounded monthly, and tiered based on the average minimum daily balance.
• Money remains readily available.
• Account subject to Regulation D. Limitations: Six (6) electronic transactions per month; three (3) may be by check.
• Any checks processed after the limit of three (3) per month are subject to and over-the-limit fee. The check(s) will be honored if funds are available, and the fee charged to the account.
• Overdraft protection is not available for MMSDA.

NOTE: If MMSDA balance falls below the minimum balance required, the account will be closed and the remaining funds transferred to the Share Draft (checking) Account.

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