Get in the market for a money market.
Earn higher interest than a savings account without losing access to your capital. A Money Market Account helps you maximize your interest without locking up your funds for a specific term. You’ll have easy, 24/7 access by phone, online and mobile banking.
Commercial Select Money Market
With a Select Money Market account, you will earn a higher rate of return than you would on our standard Money Market account. Plus, you have the flexibility of liquid funds—available in any amount, at any time.
Commercial Money Market Savings Rates
Business Select Money Market Savings| Interest Rate | APY* | Balance Amount | | 0.95% | 0.95% | $500,000.00 - or more |
| 0.70% | 0.70% | $250,000.00 - $499,999.99 |
| 0.65% | 0.65% | $150,000.00 - $249,999.99 |
| 0.60% | 0.60% | $100,000.00 - $149,999.99 |
| 0.55% | 0.55% | $50,000.00 - $99,999.99 |
| 0.50% | 0.50% | $25,000.00 - $49,999.99 |
| 0.15% | 0.15% | $10,000.00 - $24,999.99 |
| 0.10% | 0.10% | $0.00 - $9,999.99 |
APY = Annual Percentage Yield. Assumes dividends are reinvested and the rate continues for a year. The APY is variable and may change after the account is opened. Assumes dividends or interest are reinvested and the rate continues for a year. You must maintain the minimum daily balance required to obtain the applicable APY. Tiers, dividend/interest rates and APYs on Checking and Savings accounts are subject to change without notice after the account is opened. Fees listed on the Fee Schedule could reduce earnings on the account. You may forfeit dividends/interest if you close any dividend or interest-bearing account before accrued dividends/interest is credited.
Account earns interest where applicable. All Savings and IRA dividends and/or interest are calculated using the daily balance method and are compounded daily and are credited on the last day of each month. Rates effective as of 05/14/2020.
Business Money Market Savings| Interest Rate | APY | Balance Amount | | 0.35% | 0.35% | $500,000.00 - or more |
| 0.30% | 0.30% | $250,000.00 - $499,999.99 |
| 0.30% | 0.30% | $150,000.00 - $249,999.99 |
| 0.25% | 0.25% | $100,000.00 - $149,999.99 |
| 0.25% | 0.25% | $50,000.00 - $99,999.99 |
| 0.20% | 0.20% | $25,000.00 - $49,999.99 |
| 0.15% | 0.15% | $10,000.00 - $24,999.99 |
| 0.10% | 0.10% | $0.00 - $9,999.99 |
APY = Annual Percentage Yield. Assumes dividends are reinvested and the rate continues for a year. Account compounds interest daily and pays monthly. Rate quotes are subject to change. The APY is variable and may change after the account is opened. Fees could reduce the earnings on the account. Rates effective as of 03/10/2020.
