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Small Business Money Market
| MINIMUM DEPOSIT TO OPEN | INTEREST EARNED | FEES |
|---|---|---|
$100 |
Yes |
Yes, unless minimum balance and transaction requirements are met. |
Overview
A money market account that earns a tiered interest rate and provides businesses with convenient access to their funds.
Key Features
- Unlimited number of withdrawals made in person or at an ATM
- Up to six pre-authorized, automatic, or telephone transfers, checks, or debit card transactions are permitted per monthly statement cycle
- No minimum withdrawal amount
- No checking account required
- Remote deposit capture available
- Wire services available
Fees
No fee with daily minimum collected balance of $2,500, or $15 per month.
$10 per pre-authorized, automatic, or telephone transfers, checks, or debit card transactions exceeding six per statement cycle.