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.