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