Business Money Market Account
Our Business Money Market Account is a great place to save money for your business while earning interest. A safe, reliable investment, it lets you save or store funds for longer-term or unexpected needs – with easy access to your money when you need it.
A tiered interest rate structure allows you to earn interest from the first dollar you deposit – giving you the highest available rate for your balance. Fund transfers – including checks, electronic, overdraft coverage, and telephone transactions – are limited to six per statement period†.
Benefits include:
- FDIC insured
- Unlimited transactions in person or via automated teller machine (ATM)
- May be used as Overdraft Coverage to fund your Merchants Bank Business Checking Account
- Link to your Merchants Bank Debit Card for ATM use and easy access to funds
The account can be opened with a minimal $200 deposit, and has an average monthly balance requirement of $200.
Start saving for the future of your business – and open your account today!
Money Market Account cannot be the primary account on a debit card. Items deposited over 25 per statement are charged $0.25 each.
†Transfers include checks, electronic, overdraft coverage and telephone transactions. Account balances under $200 per statement period are charged a $2 service fee.
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Questions?
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Do I need to live or work in Vermont to open an account or loan?
Do I need to live or work in Vermont to open an account or loan?
Merchants Bank opens accounts or loans for people living or working in Vermont or communities adjacent to our offices.
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