Earn More with BankIowa's Commercial Money Market Accounts
BankIowa is committed to supporting the financial growth and flexibility of your business. Our Commercial Money Market Accounts are specially designed for businesses, combining the high-yield potential of a savings account with the convenience of checking.
Benefits of BankIowa's Commercial Money Market Accounts:
- High-Interest Earnings: Benefit from competitive rates, enabling your business funds to grow more efficiently.
- Accessible Funds: Manage your cash flow effectively with the ability to write checks and access funds whenever necessary.
- Tiered Interest Rates: The more your business saves, the higher your earning potential, supporting your financial growth.
- Market Stability: Protect your business savings from market volatility, ensuring a stable financial foundation.
- FDIC Insured: Your investments are safe and secure, backed by FDIC insurance for added peace of mind.
Perfect for businesses looking to maintain liquidity while earning higher interest rates, our Commercial Money Market Accounts are an excellent tool for enhancing your business's financial reserves. Whether you're preparing for future investments or managing operational funds, these accounts provide the flexibility and security your business needs.
Compare Money Market Accounts
Money Market Earn higher interest on a higher balance amount | Platinum Money Market Put your savings to work for you by earning an even higher rate of interest | Premium Money Market* Earn interest on this account designed for high balances | |
|---|---|---|---|
| Opening Balance Requirement | $1,000 | $1,000 | $10,000 |
| Minimum balance to avoid monthly service charge | $1,000 average daily collected | $1,000 daily collected | N/A |
| Monthly service charge if balance falls below minimum balance requirement | $10 | $10 | N/A |
| Interest Computation Method | Daily | Daily | Daily |
| Interest Crediting and Compounding frequency | Quarterly | Quarterly | Quarterly |
| Debit Card Available | With linked checking account and approval for debit card | With linked checking account and approval for debit card | With linked checking account and approval for debit card |
| Other | EFT/ATM withdrawal fee of $1.00 for each ATM withdrawal or transfer from the account in excess of eight per month | EFT/ATM withdrawal fee of $1.00 for each ATM withdrawal or transfer from the account in excess of eight per month | EFT/ATM withdrawal fee of $1.00 for each ATM withdrawal or transfer from the account in excess of eight per month |
Elevate Your Business Savings Strategy
Discover how BankIowa's Commercial Money Market Accounts can play a pivotal role in your business's financial management. Contact us today to learn more and take a significant step towards bolstering your business finances.