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Business Money Market
Improve cash flow and preserve your business’ savings with a Plaza Park Bank Business Money Market Deposit Account. The Money Market Account is designed for businesses that are focused on the future and interested in gaining a higher return on their funds today without losing access to their money.
Why Businesses Choose a Money Market Account
- Improve Cashflow
- Earn competitive interest* rate
- Access to account balance
The Plaza Park Bank Money Market Deposit Account pays a competitive interest* rate based on the level of money that you have on deposit. Here are the details:
- Average daily balance of $1,000 is required to avoid a $7 maintenance fee
- Competitive interest* rates based on the level of money on deposit
- Interest* is compounded monthly
- Limited to six (6) preauthorized or automatic transfers per month
What is a money market account? A money market account is a savings account that typically pays a higher interest rate and requires a higher minimum balance than a traditional savings account.
*Interest rates are subject to change at the bank’s discretion. Current rates and additional information are available by calling 320.252.4200.