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Business Money Market Savings
Business Money Market Savings
Have your money work harder for you and your business by investing in our Business Money Market Account. Enjoy the flexibility to tackle both planned and unexpected expenses while earning a higher rate than a typical savings account.
- Opening deposit: $10,000.00
- Minimum balance to avoid fees: $10 monthly service fee is waived with $10,000 average ledger balance during the monthly cycle
All funds on deposit earn an interest rate based on the available balance each day of the month. The interest rate may change at any time. Interest will be compounded every month and credited to the account every month.
Transaction limitations: Six (6) free withdrawals each month. A $10.00 Excess Withdrawal fee is accessed for each withdrawal over six (6).
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Competitive, tiered rates
This tiered interest account rewards larger balances with higher rates.
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Watch your interest grow
Interest compounded and credited monthly.
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Flexible account access
Enjoy flexibility with enhanced access to funds, including direct check writing.
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24/7 deposit
Make deposits at any time or set up direct deposit.
Interest Rate Tiers
- Balance
- $1-$10,000
- $10,000 - $100,000
- $100,000 and over
- Rate
- 0.11%
- 0.14%
- 0.21%
- APY
- 0.11%
- 0.14%
- 0.21%
Balance | Rate | APY |
---|---|---|
$1-$10,000 | 0.11% | 0.11% |
$10,000 - $100,000 | 0.14% | 0.14% |
$100,000 and over | 0.21% | 0.21% |