Business Money Market
A business money market account that rewards higher balances with tiered interest. Provides liquidity and flexibility while you grow your reserves.
Have questions about tiers or earnings potential? We're happy to help.
At a glance
- $5,000 minimum opening balance
- Tiered interest to reward higher balances
- 6 free withdrawals per statement cycle
- Unlimited withdrawals made in person, by messenger, by mail, by ATM, or to one of our loans.
- Monthly statements
Terms
- Interest rate and APY depend on balance tier (variable)
- You must deposit at least $5,000 to open this account
- Service fee of $15.00 if the balance falls below $5,000 any day during the statement cycle
- 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card, or similar order to a third party. If you exceed the transaction limitations, you will be charged a $15.00 fee for each transaction over your limit. Fees could reduce the earnings on the account
- Interest compounded and credited monthly
- Documentation: business license and IRS tax ID letter required
Balancing liquidity and growth
For shorter-term reserves with simpler structure, see Business Savings .
Funds you won’t need immediately? Explore Business Time Deposits .
Want to talk through what balance tier makes sense for you?
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