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Money Market
Best of Both Worlds
With better interest rates on average than a traditional savings account and more flexibility than a certificate of deposit, money markets might be a wise way to invest your business’s savings.
Features of a Business Money Market
- $2,500 minimum opening balance
- Interest compounded and credited monthly
- Tiered rate based upon daily balance
- Unlimited withdrawals in person at either branch
- Up to six transfers or six checks per month (payable to a third party)
Business Money Market Rates
| Account | Minimum Balance to Open Account | Minimum Balance to Obtain Annual Percentage Yield | Interest Rate | Annual Percentage Yield | Other |
|---|---|---|---|---|---|
| Money Market ($0.01–$2,499.99) | $2,500.00 | $0.01 | 0.20% | 0.20% | Apply Now |
| Money Market ($2,500.00–$9,999.99) | $2,500.00 | $2,500.00 | 0.50% | 0.50% | Apply Now |
| Money Market ($10,000.00–$39,999.99) | $2,500.00 | $10,000.00 | 0.75% | 0.75% | Apply Now |
| Money Market ($40,000.00–$79,999.99) | $2,500.00 | $40,000.00 | 1.25% | 1.26% | Apply Now |
| Money Market ($80,000.00–$249,999.99) | $2,500.00 | $80,000.00 | 1.95% | 1.97% | Apply Now |
| Money Market ($250,000.00–$499,999.99) | $2,500.00 | $250,000.00 | 2.15% | 2.17% | Apply Now |
| Money Market ($500,000.00–$999,999.99) | $2,500.00 | $500,000.00 | 2.25% | 2.27% | Apply Now |
| Money Market ($1,000,000.00 & Above) | $2,500.00 | $1,000,000.00 | 2.40% | 2.43% | Apply Now |
Savings Calculator
Get Started
Bank of Prairie du Sac’s business banking team is standing by to help you! Please have the following handy when meeting with us: your tax identification number; articles of incorporation, bylaws, operating agreement, or partnership agreement; and two forms of identification for authorized account users.
