Business Money Market Accounts
Designed for businesses that want to earn a higher dividend yield with daily liquidity.
Business Money Market Account
No monthly maintenance fee with a $2,400 daily minimum balance.
Business Money Market Plus Account
No monthly maintenance fee and higher yields with a $10,000 daily minimum balance.
For both Business Money Market Accounts, the following apply:
- Monthly fee of $10 and a reduced dividend rate if the daily balance falls below the minimum
- First 50 items deposited are free each month; $0.50 for each one after 50
- Dividends will be compounded monthly and credited monthly
- Dividends are calculated by the daily balance method which applies a daily periodic rate each day the account balance is $2,500 or more
- Federal Regulations limit pre-authorized, telephone or electronic withdrawals to six per month; included in this total is a maximum of three checks; your account will be subject to a fee for every transaction that exceeds these limits