Business Money Market
Maximize earnings potential by receiving interest on your business’s residual cash.
Key features:
Minimum Opening Deposit
$1,000
Online & Mobile Banking with Bill Pay†
Interest Earning
Debit Card with Rewards Program‡
Overdraft Protection*
Direct Deposit
Automatic Withdrawals
Other Features:
- Interest earned daily and compounded monthly on balances over $1
- Tiered interest rate
- Unlimited transfers by mail, messenger, ATM, or in person; transfers by other means are limited to 6 per statement cycle
- Unlimited deposits
- A monthly service fee of $8 will be charged during any month that the balance falls below $1,000
- Monthly statements combined with Business Checking Account statement
Disclosures:
* Overdraft protection is a discretionary feature that may not be available immediately on new accounts and may charge additional fees.
† Bill Pay is free for the first 25 transactions per statement cycle. Counts as one of the six pre-authorized transfers allowed each statement cycle. Other transactions considered to be "Pre-authorized Transfers" include: POS transactions using a debit card, ACH debits, online banking transfers out, 522-BANK transfers out, checks clearing the account (checks are limited to 3 per statement cycle).
‡ Counts as one of the six pre-authorized transfers allowed each statement cycle. Other transactions considered to be "Pre-authorized Transfers" include: POS transactions using a debit card, ACH debits, online banking transfers out, 522-BANK transfers out, checks clearing the account (checks are limited to 3 per statement cycle).
Downloads:
Certificates of Deposit (CDs)
For customers interested in earning high interest over an extended period of time.
Key features:
Minimum Balance
$500
(or $100 if used as an investment for a retirement account)