Personal Money Market

Money Market accounts offer the best of both worlds because they combine an investment savings rate with liquidity, so your money isn't locked up for a specific term like a Certificate of Deposit. Plus, you can access your money via a transfer, check, or ATM card.

Open Now Compare Products


Minimum Opening Deposit
$500
Minimum Daily Balance
$2,500
Interest Bearing

Yes, tiered, Interest earned on the entire account balance is determined by the tier in which the account balance falls.

Monthly Service Charge
$10
How to Avoid Monthly Service Charge

•  Primary account holder needs to be 65 years or older or
•  Maintain $2,500 minimum daily balance

Statements

•  Free eStatements
•  $3 for paper statement

Withdrawal Restrictions

•  Limited to six (6) preauthorized, automatic, or online transfers per statement cycle
•  $10 per item/occurrence if account does not comply with the withdrawal restrictions

ATM Fee

•  Unlimited free transactions at all BankFinancial owned ATMs
•  See Fee Schedule for non-proprietary ATMs1

Your Account Comes With

•  24/7 Bank-by-Phone
•  ATM Check Card
• Online Banking
    - Online Bill Pay
    - Mobile Banking
    - Mobile Check Deposit
    - Bank to Bank Transfer2
    - POP Money Transactions2
• Free for 65 and older
   - Paper statements
   - BankFinancial Basic Money Market Checks3
   - 50% discount on all non-basic/duplicate checks

1. There may be a fee imposed by the owner of the other Terminal or Network.
2. See Fee Schedule for standard fees.
3. 40 checks per order. Non-duplicate checks.


Personal Money Market Accounts

 

Personal Money Market

Spectrum Select Money Market1

Minimum Opening Balance

$500

$2,500

Minimum Daily Balance

$2,500

$5,000

Interest Bearing

Yes, tiered2

Yes, blended2

Monthly Service Charge

$10

$15

How to Avoid

Monthly Service Charge

·   Primary account holder needs to be 65 years or older OR

·   Maintain $2,500 minimum daily balance

·   Maintain $5,000 minimum daily balance

Statements

·   Free eStatements

·   $3 for paper statements

·   Free eStatements

·   Paper statements available upon request at no cost

Withdrawal Restrictions

·   Limited to six (6) preauthorized, automatic, Bank-by-Phone or online transfers per statement cycle

·   $10 per item/occurrence fee if account does not comply with withdrawal restrictions

·   Limited to six (6) preauthorized, automatic, or online transfers per statement cycle

·   $10 per item/occurrence fee if account does not comply with withdrawal restrictions

ATM Fee

·   Unlimited free transactions at all BankFinancial owned ATMs

·   See Fee Schedule for non-BankFinancial ATMs3

·   Unlimited free transactions at all BankFinancial owned ATMs

·    Four free non-BankFinancial ATM transactions3  See Fee Schedule for additional transactions.

Your Account Comes With

·   ATM Card

·   24/7 Bank-by-Phone

·   Online Banking

·   Online Bill Pay

·   Mobile Banking

·   Mobile Check Deposit

·   Bank-to-Bank Transfers5

·   POP Money Transactions5

      ·   Free for 65 & older

      ·   Paper statements
  ·   BankFinancial Basic Money Market Checks4

     ·   50% discount on all non-basic/duplicate checks 

·   BankFinancial Basic Money Market Checks4

·   50% discount on all non-basic/duplicate checks

·   Free Cashier’s Checks & Money Orders

·   24/7 Bank-by-Phone

·   ATM Check Card

·   Online Banking

·   Online Bill Pay

·   Mobile Banking

·   Mobile Check Deposit

·   Bank-to-Bank Transfers

·   POP Money Transactions


1. Spectrum Select Checking required or account will revert to Personal Money Market.
2. Tiered rate: The interest earned on the entire account balance is determined by the tier in which the account balance falls. Blended Interest rate: Only the portion of the account balance within each tier earns the rate applicable to that tier.
3. There may be a fee imposed by the owner of the other Terminal or Network.
4. 40 checks per order. Non-duplicate checks.
5. See Fee Schedule for standard fees.