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Equal Housing Lender

Progress Business Money Market Account

The Progress Money Market Account is ideal if you want to see your business or organization’s savings grow based on tiered interest rates and smart investments. With an opening balance requirement of $1,000, the Progress Money Market Account has no Monthly Service Charge if the balance remains above $1,000. It’s another great option for businesses and organizations that have long-term savings goals but would also like more flexibility to increase the balance on their accounts.

Progress Money Market Features

Opening Balance

Monthly Service Charge*

Transaction Fees

Online Banking

Interest Earning

Other **

Progress Money Market

$1,000

$10

-

Tiered

  • Limited check access to funds
  • Interest is tiered based on these daily balances.
    • Tier One: $200,000 and UP
    • Tier Two: $100,000 - $199,999.99
    • Tier Three: $50,000 - $99,999.99
    • Tier Four: $.01 - $49,999.99

* Monthly service charge if average daily balance falls below $1,000.
** Limit of six (6) transfers from a savings or money market savings account during any one calendar month to another of your accounts with us or to a third party by means of a preauthorized or automatic transfer.

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