Get the right blend of liquidity and growth.
When you have excess cash on hand, consider BankFive's Business Money Market account. You'll get better growth than a traditional savings account with more accessibility than a certificate of deposit. It's the ideal account for Massachusetts and Rhode Island business owners who need to create an emergency fund for the unexpected.
Higher rates for higher balances:
- $10 balance required to earn interest
- Tiered rates mean your larger deposits will grow more
- Unlimited, free deposits
- Limited to six electronic or check withdrawals or transfers per month
- Manage your account online and via mobile
Business Money Market Rates
|Minimum Deposit||Minimum Required to Obtain APY1||Interest Rate||APY1|
|$100.00 - $999.99||$10.00||Product Not Found "BMM:100-999"||0.05%|
$1,000.00 - $24,999.99
Product Not Found "BMM:1K-24.9K"
$25,000.00 - $1,000,000.00
Product Not Found "BMM:25K-1M"
*APY - Annual Percentage Yield. No minimum balance required to open account. Minimum balance to earn interest is $10. Unlimited deposits. Account is subject to change at any time after the original minimum guaranteed rate. Rate may change after account is opened. Fees may reduce earnings.