Money Market Savings

When you’re ready to take your business savings to the next level, our business money market savings account is a smart choice. This account allows limited transactions, but earns higher interest rates on your higher balance.

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Account Benefits

  • Six (6) withdrawals, transfers or third-party payments per statement cycle at no charge*
  • Unlimited withdrawals if made in person or at an ATM
  • Interest accrues daily and is paid monthly based on daily collected balance tiers
  • Free Debit Card with Scorecard Rewards (Points earned on all signature based purchases)

  • Free Online Banking and Balance Transfer Service
  • Free eStatements
  • May be linked to a Progress Bank checking or loan account for overdraft protection
  • Progress at Work available

*Subject to Regulation D Transaction Limitations: Transfers from a Money Market Account to another account or to third parties by preauthorized, automatic, telephone, computer transfers, draft, check, debit card or similar order to third parties are limited to six per statement cycle for Money Market Account. The preauthorized or automatic transactions may be initiated by telephone banking, PC banking, internet banking or standing order. Limit does not apply to in-person withdrawals, withdrawals by mail or messenger or withdrawals at an ATM. A charge will be assessed for each preauthorized transfer, draft or debit card transactions in excess of six per statement cycle. If these restrictions are exceeded more than three times during a 12 month period, the account is subject to being closed and funds transferred into a checking account. Bill Payment is not available for money market accounts.

Account Requirements

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