The First National Bank Business Money Market account is a great place to invest excess funds and still have them available for operating purposes when you need them.
Transfer money between your operating account and your business money market account using our Online Banking system.
| Average Monthly Balance |
APY* |
$500,000 and above
|
0.65% |
| $250,000 to $499,999 |
0.40% |
| $100,00 to 249,999 |
0.30% |
| $25,000 to $99,999 |
0.20% |
| $25,000 and under |
0.10% |
| APY* Annual Percentage Yield - Interest rates are compounded daily and are subject to change at any time. Rates effective as of date of publication. Fees could reduce the earnings on the account. |
| Business Money Market Account Features |
| Minimum Amount to Open |
$2,500.00 |
| Monthly Service Charge |
None, unless average monthly balance falls below $1,000 then monthly service charge is $14 |
| Transaction Charges |
Federal law limits the number and type of transactions to six withdrawals. If this is exceeded, charge is $14 per transaction. |
| Earn Interest |
Yes |
| Free Checks |
Yes, on select styles |
|
