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.

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Why choose a Business Money Market

Earn more on your capital while staying flexible

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$0 maintenance fees

Earn dividends on all balances over $5 with no monthly or annual maintenance fees

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Maintain easy access

Make unlimited withdrawals at your local branch and up to 6 withdrawals per month at an ATM, online, or by phone

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You’re in control

After the account is open, there are no restrictions on deposit amounts or totals

Current rates

Type Dividend Rate APY1 Min Balance2
Business Money Market 0.05% 0.05% $0.00 - $999.99
0.10% 0.10% $1,000.00 - $9,999.99
0.10% 0.10% $10,000.00 - $49,999.99
0.15% 0.15% $50,000.00 - $99,999.99
0.20% 0.20% $100,000.00 - $999,999.99
0.05% 0.05% $1,000,000 +
1:APY = Annual Percentage Yield. Compounds daily.
2:Minimum daily balance in your account each day to obtain the disclosed annual percentage yield.
All rates subject to change without prior notice. Fees may reduce earnings for accounts where fees apply.
Conditions apply to qualify for rate: New members must open an Elite Business Checking account.

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
  • Additional documentation may be required

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2024: Newsweek Best Regional Banks and Credit Unions

2023 Winner: Best of Central Mass

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2022 Winner: Best of Central Mass