Business Money Market Account
- Open an account with an initial deposit of $5,000.00
- Competitive interest rate compounded and credited monthly on balances over $5,000.00*
- Minimum balance to avoid monthly maintenance fee is $5,000.00
- Monthly maintenance fee: $25.00**
- Free online banking (excludes bill pay)
- Excess transaction or withdrawal fee: $15.00 per item if maximum allowed is exceeded***
* Interest is calculated on the daily account balance.
** A deposited item fee of $.25 will be charged for each item deposited in excess of 50 during each statement cycle.
*** The number of permitted transfers or withdrawals is governed by Federal Reserve Board Regulation D. You may make no more than six (6) transfers or withdrawals, no more than three (3) of which may be by check, draft, debit card or similar means (if applicable) per statement cycle.
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