Municipal Money Market Account
Our Municipal Money Market Account is a great way to save money for your municipality. A safe, reliable investment, it lets you save or store funds for longer-term needs – with easy access to your money when you need it.
Fund transfers – including checks, electronic, and telephone transactions – are limited to six per statement period†.
Benefits include:
- Unlimited transactions in person or via automated teller machine (ATM)
- FDIC insured
The account can be opened with a minimal $200 deposit, and has an average monthly balance requirement of $1.00.
Start saving for the future of your municipality – and open your account today!
†Transfers include checks, electronic, and telephone transactions. Account balances under $1.00 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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