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Business Money Market Account

Maximize business earnings with a money market account. Set aside funds for future needs while keeping convenient access to your account.

  • $10 per month
  • or $0 monthly service charge with a monthly balance of $10,000
  • $2,500 minimum opening balance
  • FDIC insurance coverage up to the maximum allowed by law
  • Tiered interest rates based on account balance
business woman looking at computer

Key Features & Benefits

Excellent Rates

Grow funds faster with a higher interest rate than other savings options.

Convenient Access

Make withdrawals anytime to purchase assets for your business.

Low Fees

Pay as little as $10 a month – or avoid the fee and boost your earning potential by keeping a $10,000 average monthly balance.

Variable Growth

Take advantage of the market's fluctuations to maximize your growth.

Secure Deposits

Bank with a Federal Deposit Insurance Corporation (FDIC) member.

Liquidity with Investment Potential

Access your funds easily while benefiting from higher returns compared to traditional savings accounts, making it an ideal option for businesses looking to maintain liquidity for short-term needs while also growing reserves.

Move Your Business Forward with a Money Market Account

1. Getting Started To open your account online, we will need to gather information specific to your business.
2. Account Eligibility You'll be asked to review initial eligibility information.
3. Open Your Account The application typically takes about 10-15 minutes.

Frequently Asked Questions

What are the benefits of a business money market account?

Business money market accounts offer several benefits, including FDIC insurance, easy access to funds, and the ability to earn higher interest on your savings.

What is the difference between a business savings account and a business money market?

Money market accounts typically offer higher interest rates and more flexible access to funds but may require a higher minimum balance. 

Are business money market accounts insured?

Yes, deposits are insured by the FDIC up to the maximum allowable amount.

Can I write checks or make debit card transactions from my business money market account?

Yes, money market accounts allow check writing and debit transactions.

 

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