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Personal Banking - Money Market Account

This is an insured investment account which pays higher interest and provides check writing privileges.

You will receive monthly statements, along with images of your cancelled checks. There is limited check writing on money market accounts. You may have up to six debit transactions a month at no fee, with only three by check or debit card, as limited by regulation.

The Money Market Account earns interest when your daily collected balance is $1000 or more. Interest is compounded and paid monthly into your account.

There is a monthly fee of $5 for the Money Market Account. You can avoid the fee with a $1000 minimum daily balance, or a $2000 average monthly balance.

Individuals and businesses are eligible for Money Market Accounts.

Overdraft Privilege available after qualifying period.

Open this account with a minimum opening deposit of $1000 at your nearest FirstBank Southwest location.

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FirstBank Southwest Main Office - 2401 S. Georgia - Amarillo, Texas - 79109 - (806) 355-9661

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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 does not include other accounts, such as traditional checking or demand deposit account that may earn interest, NOW accounts, money-market deposit accounts, and Interest on Lawyers Trust Accounts (“IOLTAs”).

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