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Business Money Market Accounts Business Money Market accounts are excellent income building accounts. If you're saving money for a large purchase such as new equipment, a remodeling or an expansion project, you can earn greater dividends and still have easy access to your money. If the average monthly balance drops below $5000 a service charge will be applied to your account. If the balance is less than $1000 it will earn less interest than a Business Savings Account
Business Money Market accounts offer you the flexibility, dividends and protection you need. With a low initial minimum investment of $5,000, you can earn competitive dividends in a Money Market account. Your money earns a higher dividend based on a tiered rate and you have immediate access to your funds with unlimited withdrawals and deposits. Your Money Market account can also serve as overdraft protection for your checking account.
APY: Annual Percentage Yield
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