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Business Money Market

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With our Business Money Market and Money Market Plus accounts, you can earn interest without tying up your funds.

 

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Business Savings, Elevated.

 


UMassFive's Business Money Market and Money Market Plus accounts offer savings and checking in a single account, with the ability to make up to 6 withdrawals or transfers per month. Reap the rewards of our tiered interest rates and 24-hour online access with eStatements.

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Business Money Market Rates

Tier Minimum Balance Dividend Rate Annual Percentage Yield
1 $0-$24,999 0.05% 0.05%
2 $25,000-$49,999 0.10% 0.10%
3 $50,000-$74,999 0.20% 0.20%
4 $75,000+ 0.25% 0.25%
Rates subject to change at any time. Rates effective as of June 1, 2020.

Business Money Market Plus Rates*

Tier Minimum Balance Dividend Rate Annual Percentage Yield
1 $0-$100,000 0.25% 0.25%
2 $100,000-$199,999 0.35% 0.35%
3 $200,000+ 0.45% 0.45%

 

Rates subject to change at any time. Rates effective as of June 1, 2020.

*Rates as stated for Money Market Plus Savings accounts apply only to the portions of the account balance in each tier, which will result in a blended Annual Percentage Yield for the full account balance. A $25.00 service charge will be applied once per month if the balance drops below $100,000 at any time during the month.

Open an Account Today

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