Having to make tough decisions is inevitable in business. Luckily, our business money market account makes the decision-making easy. With this flexible savings account, high balances earn a higher interest rate. Plus, avoid having to lock your money up for a fixed term. Open your money market today with just a $25 minimum deposit.
Business Money Market Account
Details
- Competitive, tiered rates
- View our current rates
- Higher balances earn higher rates
- Interest paid monthly
- Enjoy flexibility with enhanced access to funds
- Up to 6 transfers per month; $10 fee per transfer in excess thereafter
- Avoid $10 monthly service fee by maintaining a $1,000 minimum daily balance
- Free online banking
- Free eStatements*
- $25 minimum deposit to open
Account Restrictions
Transfers or withdrawals from a money market account to (a) another account of the same depositor at our institution or to (b) a third party or an account of the same depositor at another bank, if made by preauthorized transfer, automatic transfer, telephone, fax or internet banking service and (c) transfers or withdrawals to a third party or to an account of the depositor to another account at another bank made by check, draft, debit card are limited to an aggregate total of six (6) per calendar month. There is no limit to the number of transfers or withdrawals from your money market account to repay loans at our institution or are made in person, by mail, by messenger or at an ATM. These transactions are considered made on the date the transaction posts and settles to your account, not the date the withdrawal request was initiated.
*Paper statements delivered by mail are available for $4.00 per statement. When the daily account balance is at least $10,000 or more each day of the statement cycle, the paper statement fee will be waived for that cycle.
