Current balance in checking is $55,600.15 Savings is $1,400.68 and money market is $49,642.52 for a total of $106,643.35.

The 2021 Statement of Activity Summary is attached to this note. I'll post the the detailed version of this in a separate reply.  

The money market listed above was opened two years ago to receive a higher introductory interest rate, approximately 1%, as a result of our annual meeting. Since we opened the account the rate has dropped back to a rate of .02% and earns slightly over $13 interest each year. The account no longer is beneficial for us. In addition we are being charged a $3.00 per month statement fee and unless we transfer $5 each month another inactivity fee.

I propose closing the money market and moving it back to savings.

I also believe we will not find any reasonably higher rate in a fixed account to make it worth our while to shop rates in other banks. Interest rates on deposit accounts are low across the board. 

Statement of Activity Detailed is attached. 

I make a motion to accept the financial report and move the funds back to savings. 

Thank for the report.  We probably need separate motions for this.  I'll make a separate motion to accept the treasures report.  I agree that we should get charged more than we earn in the money market account.

@daniel agree that the account movement should be a separate motion.  

We have a motion to accept the Treasure's report and a motion to close the money market account and move the funds into the WVMTR savings/checking.

We will need a second for each respective motion.

I will second both

We have two motions and two seconds.  If there is no further discussion -- which is certainly welcome -- we will vote at the conclusion of the meeting under Item 7.