
Our high-yield Business Money Market account offers the best available rate and best-in-class service.
Earn 5.25% APY on balances between $50,000 and $1 Million on new Business Money Market accounts.
Benefits Include:
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*5.25% Annual Percentage Yield (APY) applies to balances between $50,000 through $1 Million. APY is accurate as of 9/28/23 and is subject to change. The APY is tiered. The APY for each tier is earned on all balances at or below each respective tier. If your balance drops below $50,000 or increases above $1,000,000, the APY for those tiers will be applied to all balances including the promotional tier. Minimum balance requirements and APY tiers are: $0-$9,999 = 0.25%; $10,000-$24,999 = 3.25%; $25,000-$49,999 = 4.25%; $50,000-$1 Million = 5.25%; above $1 Million = 1.50%. The APY is variable and is equal to the Fed Funds Target Rate - Upper Bound less 0.25% for balances between $50,000 and $1,000,000. The minimum balance to open is $2,500; minimum daily balance is $10,000 to avoid a $20 monthly service charge. Offer valid for new business money market accounts opened with funds from another financial institution (new money). Accountholder must be a Business Entity including Corporations, LLCs, Partnerships, LLPs, Business Trusts, and For-Profit and Non-Profit Organizations and may not be an "Account" held by a "Consumer" as defined in 12CFR Part 1030.
1. The promotional APY is guaranteed not to decrease below 4.25% for balances from $50,000 to $1,000,000 until December 31, 2023, as long as the total account balance is not below or above that range. Fees may reduce earnings.