Business 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

  • Unlimited withdrawals, transfers or third-party payments at no charge*
  • 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)

  • Online Banking and Balance Transfer Service
  • eStatements
  • May be linked to a Progress Bank checking or loan account for overdraft protection
  • Progress at Work available
  • Link our SaveUp feature from your checking account to your savings account to save automatically with each debit card purchase

*On April 24, 2020, the Federal Reserve Board announced an interim final rule to amend Regulation D to delete the six-per-month limit on transfers from savings and money market accounts. This will allow customers to make an unlimited number of transfers and withdrawals from their accounts due to the Coronavirus pandemic. In response to this decision, for the next six months (until 10.30.20) we are removing the $5.00 excessive transaction fee assessed on the following products: Business Money Market Savings, Personal Savings and Personal Savings Minor, Money Market Savings, Business Savings Bill Payment is not available for money market accounts.

Account Requirements

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