MAX Corporate Money Market Account
Effective 05/28/24
Business Money Market Benefits
- The higher your balance, the more interest you earn
- Enjoy instant access to your funds
- Unlimited over-the-counter withdrawals*
- Unlimited deposits
- Unlimited withdrawals or transfers using Avidia ATMs
- FDIC- and DIF-insured
- No Point of Sale or Electronic Fund Transfer charges
Business Money Market Requirements
- Minimum opening deposit of $1,000
- If your balance falls below $1,000, you’ll be charged a $10 monthly maintenance fee
What to expect from a MAX Corporate Money Market Account
Monthly Maintenance Fees | Fee Per Check Written | Fee Per Bulk Deposit | Fee Per Item with a Deposit | Earnings Credit Allowed |
---|---|---|---|---|
$10 | None | None | None | No |
MAX Corporate Money Market Rates
Monthly Maintenance Balance | Interest Rate | Annual Percentage Yield | Minimum Balance to Obtain APY |
---|---|---|---|
$1,000 | 0.65% | 0.65% | $0-$249,999 |
$1,000 | 0.85% | 0.85% | $250,000-$499,999 |
$1,000 | 1.00% | 1.01% | $500,000-$1,000,000 |
$1,000 | 1.30% | 1.31% | $1,000,000+ |
Open an account
For more info, just complete the form below and someone from our business banking team will contact you in a manner that’s fast enough that you might think to yourself, Boy, that was pretty fast.
If you prefer, you’re also welcome to call us with questions: 978-567-3552
*Withdrawals subject to Federal limit restrictions: You’ll be permitted to make no more than six (6) transfers per month to third parties. A $10 maintenance fee for excessive transactions will be applied per transaction after the six allowed to third parties during a statement cycle.
Important information about opening an account:
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means to you:
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.