Business Money Market Accounts

Keep your business funds secure and working for you.

Enjoy tiered interest on your fully insured business funds and access your money when you need it with Marblehead Bank.

Features & Benefits:

  • Tiered interest rates — earn higher interest for higher balances
  • No minimum balance
  • No monthly fee
  • Enjoy liquidity and flexibility with access to your funds via ATM
  • $10 minimum to open

BUSINESS MONEY MARKET ACCOUNT* RATES

TierAPYRateMin. Deposit to Open AccountMin. Balance to Obtain APY
Tier $10.00 – $9,999.99APY 0.05%Rate 0.05%Min. Deposit to Open Account $10.00Min. Balance to Obtain APY $0.01
Tier $10,000 – $24,999.99APY 0.05%Rate 0.0%Min. Deposit to Open Account $10.00Min. Balance to Obtain APY $0.01
Tier $25,000 – $49,999.99APY 0.05%Rate 0.05%Min. Deposit to Open Account $10.00Min. Balance to Obtain APY $0.01
Tier $50,000 – $99,999.99APY 0.10%Rate 0.10%Min. Deposit to Open Account $10.00Min. Balance to Obtain APY $0.01
Tier $100,000 – $249,999.99APY 0.20%Rate 0.20%Min. Deposit to Open Account $10.00Min. Balance to Obtain APY $0.01
Tier $250,000 or moreAPY 0.25%Rate 0.25%Min. Deposit to Open Account $10.00Min. Balance to Obtain APY $0.01

*APY= Annual Percentage Yield. Variable rate account—rates may change after account is opened. Interest is compounded and paid monthly and available on first business day of each month. Certain assumptions apply. Please ask for details. Fees could reduce earnings.

MONTHLY COMPOUNDING

Interest is paid monthly and is available on the first business day of each month. Certain assumptions apply. Please ask for details.

Fees could reduce the earnings of the account.

* Variable rate accounts: rates may change after the account is opened.

SAFELY EARN INTEREST ON YOUR BUSINESS FUNDS.

Stop by a Marblehead Bank branch and open a Business Savings Account.

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