Business Banking - Insured Money Market

Business Money Market Account

  • $100 opening deposit
  • Tiered Interest Rates
  • No minimum balance required

Other Benefits...

  • No monthly fee
  • No fee ATM/Debit card with surcharge-free transactions at SUM™ network participating banks (Other "Non-Sum" Banks may impose a charge for ATM use)
  • Unlimited deposits, transfers and withdrawals may be transacted in person, by mail or by ATM
    • Up to 6 pre-authorized transfers, including phone, overdraft, computer transfers or checks each month*
  • May be linked to checking for overdraft protection
* A $10 fee will be imposed for checks processed in excess of 6 per month. Excessive violations could lead to account closure. Fees may reduce earnings.

    Money Market Interest Rates

    Personal Deposits Interest Rate APY*
    $0 - $9,999 0.25% 0.25%
    $10,000 - $24,999 0.25% 0.25%
    $25,000 - $49,999 0.35% 0.35%
    $50,000 - $74,999 0.50% 0.50%
    $75,000 0.50% 0.50%

    *Annual Percentage Yield - effective as of 6/16/2015. Rates are subject to change at any time and may change after the account is opened. A $45.00 minimum balance is required to earn the stated APY.

    Our Business Is Small Business.
    1370 S County Trl., East Greenwich, Rhode Island 02818   |   888-824-8873