Business Money Market
The tiered money market account rewards you for maintaining high balances. Simply put, the higher your balance, the higher your interest rate will be. Every day your balance is over $250,000 you earn our highest rate. Every day your balance is between $100,000 to just under $250,000, you earn that tier's rate, and so on. Even accounts with low balances earn very competitive rates.
- Daily compounding with monthly crediting of interest
- Monthly statements
- Write checks on this account
- First order of checks is Free
- Access Funds with ATM Card
- Can be opened by partnerships, non-profit entities, small businesses and corporations
- Minimum to Open - $1,000
- Monthly Service Charge - $10
- Minimum to Earn Interest - $.01
- Balance to Avoid Service Charge - $1,000 Minimum Daily Balance
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*Withdrawals or third party payments, including ACH, POS and wire transfers as well as all telephone transfers are restricted to 6 per month. These transaction limits do not apply on withdrawals payable to you or from an ATM.