BusinessSelect Money Market
Your business deserves our best interest. Our BusinessSelect Money Market account lets you earn higher interest rates without ever losing access to your money.
Check your balances, view your transaction history, pay bills and more — all from your computer or mobile device.
Watch your money grow while it stays safe and secure.
Set savings goals, track budgets and more, all in one convenient place.
- Earn tiered interest rates based on your balance
- Six free debit transactions per month
- Get a free business debit card
- Earn tiered rates of interest based on your balance(1) — the interest rate tiers are based on the following balances:
- Enjoy Online Banking
- Get a free MasterCard® BusinessCard® Debit Card
- Keep track of your account with free Online Statements(14)
- Receive a monthly statement with imaged checks
- Gain access to your account information 24 hours a day with just a quick call to our InfoLine at 1-888-797-7711
- Opening deposit: $1,000
- Monthly requirements to waive monthly service charge:
- $10,000 minimum daily ledger balance
- Monthly service charge:
- Free if monthly requirements are met
- $10 fee if monthly requirements are not met(4)
- $10 fee for each withdrawal after the sixth(2)
- Monthly statements:
- Free Online Statements(14)
- Free image statements with imaged checks
- Other fees:
- Business Online Banking with unlimited Bill Pay: $9.99 per month(6)
(1) The BusinessSelect Money Market account earns interest at a competitive rate determined solely by the Bank and is subject to change weekly. Interest is earned daily on the collected balance at each balance tier using the daily balance method and is credited and compounded monthly at statement time. Interest is paid individually for each balance tier, and the account’s overall annual percentage yield (APY) is the average of the interest paid at each balance tier equaling a blended APY. If the account is closed before interest is credited, you will receive the accrued interest for that period.
(2) Federal law requires that we convert a savings account to a checking account if you exceed six preauthorized or automatic debits or withdrawals per month. An Excessive Withdrawal Fee of $10 will be charged for each transaction over six per month.
(4)Service fees and per item charges are subject to change without prior notification.
(6)Business Online Banking is $9.99 per month with unlimited Bill Pay.
(14)Business Online Banking is required to receive online statement.