Our Public Funds Money Market Account1 is designed specifically for municipalities, or other public entities that are required to have a collateralized account. This account offers a lower minimum balance requirement with a higher interest rate and the flexibility of limited check writing capabilities.

Account Features
  • Free Paper Statements or eStatements
  • Four (4) Free Transactions per Statement Cycle at non-BankFinancial ATMs2, See Fee Schedule (PDF 84kB)Thereafter
  • ATM Card
  • Business Online Banking
  • Business Mobile Banking
  • 24/7 Bank-by-Phone

Interest Bearing3

Minimum Opening Deposit

Minimum Daily Balance

Monthly Service Charge4
$0 If Account is Above Minimum Daily Balance, Otherwise $10

Statement Cycle Dates
Monthly on the last day of the month

Transaction Limits
  • Account is limited to (6) transactions per statement cycle. Transactions include: checks, preauthorized, automatic, telephone or Online transfers and withdrawals.
  • A $10 Excessive Transaction Fee per occurrence will apply if the account exceed 6 transactions per statement cycle.

  1. Account Owner must be a municipality or other public entity and is subject to approval for account collateralization or alternative balance protection in the sole discretion of BankFinancial
  2. There may be a fee imposed by the owner of the other terminal or network.
  3. The interest earned on the entire account balance is determined by the tier in which the account balance falls.
  4. Monthly Service Charge is waived for the first statement cycle.
For complete terms governing your account, please consult the Customer Agreement and Disclosure Statement, which can be found at www.bankfinancial.com/disclosures. The terms of the account, including fees or features, may change.