Business Money Market

Business Money Market is our standard money market account giving your business of any type or size the ability to earn interest on your deposits.

• Minimum Opening Deposit: $1,000.
• Minimum balance: $1,000.
• Monthly Service Charge: $10 if the balance falls below the minimum.
• Other Service Charges: Six debit transactions per month are allowed. $10 Withdrawal Fee assessed for each on or over 6. Unlimited over-the-counter and ATM transactions.
• Interest: Interest is calculated based on simple interest applied to the daily collected balance. Interest is credited at statement time; however, the accrued interest is available for closing withdrawals.
• The rate earned is based on the following tiers:
  • $ 0 - $2,499
  • $2,500 - $4,999
  • $5,000 +
• Statement: Monthly statement with imaged checks.