Business Money Markets

Our money market accounts are ideal for businesses with significant funds available yet still want easy access. In this type of account, you’ll earn more interest than in a traditional savings or checking account but still have access to your money.  You will be able to write checks and transfer funds electronically, and you can avoid fees by meeting some basic requirements.

• Maintain an average daily balance of $2,500 to avoid the $10 monthly service charge
  
• Minimum of $250 to open account*
  
• Tiered interest compounds and credits monthly*
  
  

Account Details:

*Minimum of $250 to open this account. A $10 service charge will be imposed for each statement cycle if the average daily balance for that cycle falls below $2,500. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest is compounded and credited monthly. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Additional fees may apply.

Rates are subject to change without notice.

Please contact a branch manager or visit one of our convenient locations to learn more.