Business Money Market
Our Business Money Market Account earns a higher, competitive rate (click here for rates) of interest which varies as your balance increases. Your business can earn terrific interest while your funds remain liquid. Interest is computed daily and paid monthly. Money management for your business is convenient with the ability to transfer funds with Internet Banking to your main account.
Minimum to open
· $12 – waived with $10,000 minimum balance (see transaction limitations below2)
Yes – click here for interest rate and annual percentage yield (APY) information
· Free E-Statements
· Free Internet Banking
· Free Mobile Banking
· Arrange for automatic transfers from your CoreFirst Business Checking account into your savings account
· Interest is computed daily and paid monthly
· Funds remain liquid for easy access
· 7 p.m. CST cut-off for same-day credit on deposits
· Safety of FDIC insurance1
1Basic FDIC deposit insurance coverage has permanently been increased to $250,000 per depositor.
2Business Money Market accounts are limited to six (6) transfers and/or withdrawals from your account per statement cycle. A transfer is a pre-authorized transfer, including an automatic transfer through Internet Banking or telephone voice response (CBIL), bill paying transfer to a third party, ACH transfer to a third party or a check written to a third party. There are no limitations on the number or dollar amount of deposits or withdrawals initiated by a withdrawal in person at a teller station, a withdrawal by mail or messenger, or a withdrawal through an automated teller machine (ATM).
Transactions restricted by the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) are prohibited from being processed through this commercial account. This prohibition becomes effective on June 1, 2010. Additional information can be obtained at 1-800-280-0123.