Business Money Market
While you’re working hard, your money should be working hard too. A Business Money Market helps you earn more on your capital, while keeping cash accessible if the need arises.
Get Started Find a BranchWhy choose a Business Money Market
Earn more on your capital while staying flexible
Earn dividends on all balances over $5 with no monthly or annual maintenance fees
Make unlimited withdrawals at your local branch and up to 6 withdrawals per month at an ATM, online, or by phone
After the account is open, there are no restrictions on deposit amounts or totals
Current rates
Type | Dividend Rate | APY1 | Min Balance2 |
---|---|---|---|
Business Money Market | 0.05% | 0.05% | $0.00 - $999.99 |
0.10% | 0.10% | $1,000.00 - $9,999.99 | |
0.10% | 0.10% | $10,000.00 - $49,999.99 | |
0.15% | 0.15% | $50,000.00 - $99,999.99 | |
0.20% | 0.20% | $100,000.00 - $999,999.99 | |
0.05% | 0.05% | $1,000,000 + |
1:APY = Annual Percentage Yield. Compounds daily.
2:Minimum daily balance in your account each day to obtain the disclosed annual percentage yield.
All rates subject to change without prior notice. Fees may reduce earnings for accounts where fees apply.
Conditions apply to qualify for rate: New members must open an Elite Business Checking account.
2:Minimum daily balance in your account each day to obtain the disclosed annual percentage yield.
All rates subject to change without prior notice. Fees may reduce earnings for accounts where fees apply.
Conditions apply to qualify for rate: New members must open an Elite Business Checking account.
Requirements to open
- Must have an active Elite Business Checking account
- $5 minimum balance
Documents you’ll need
- At least one of the following:
- Article of Incorporation
- Article of Organization
- Partnership Agreement
- Limited Partnership Document
- At least one of the following:
- SSA Tax ID form
- Most recent federal tax return
- Certification of Beneficial Ownership – What’s this?
- Additional documentation may be required