Business Money Market
While you’re working hard, your money should be working hard too. A Business Money Market helps you earn more on your capital, while keeping cash accessible if the need arises.
Get Started Find a BranchWhy choose a Business Money Market
Earn more on your capital while staying flexible
Earn dividends on all balances over $5 with no monthly or annual maintenance fees
Make unlimited withdrawals at your local branch and up to 6 withdrawals per month at an ATM, online, or by phone
After the account is open, there are no restrictions on deposit amounts or totals
Business Money Market Rates
| Type | Dividend Rate | APY2 | Min Balance7 |
|---|---|---|---|
| Business Money Market21,52 | 0.05% | 0.05% | $1,000,000 + |
| 0.20% | 0.20% | $100,000.00 - $999,999.99 | |
| 0.15% | 0.15% | $50,000.00 - $99,999.99 | |
| 0.10% | 0.10% | $10,000.00 - $49,999.99 | |
| 0.10% | 0.10% | $1,000.00 - $9,999.99 | |
| 0.05% | 0.05% | $0.00 - $999.99 |
All rates subject to change without prior notice. Fees may reduce earnings for accounts where fees apply. Annual Percentage Yield accurate as of November 3, 2025.
Requirements to open
- Must have an active Elite Business Checking account
- $5 minimum balance
Documents you’ll need
- At least one of the following:
- Article of Incorporation
- Article of Organization
- Partnership Agreement
- Limited Partnership Document
- At least one of the following:
- SSA Tax ID form
- Most recent federal tax return
- Certification of Beneficial Ownership – What’s this?
- Additional documentation may be required
Award-winning service
2025: Newsweek Best Regional Banks and Credit Unions
2024 Winner: Best of Central Mass
2024: Newsweek Best Regional Banks and Credit Unions
2023 Winner: Best of Central Mass
Rated 5 Stars by Bauer