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Business Money Manager

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

 

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Business Savings, Elevated.

 


UMassFive's Business Money Manager and Money Manager 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 Manager Rates*

TierBalanceDividend RateAnnual Percentage Yield
1$0-$25,0000.45%0.45%
2$25,000.01-$50,0000.55%0.55%
3$50,000.01-$75,0000.65%0.65%
4$75,000.01+0.75%0.75%
Rates subject to change at any time. Rates effective as of March 1, 2024.

*The Money Manager Savings account is a dividend bearing account with a $2,500 minimum balance. A $10.00 service charge will be applied once per month if the balance drops below $2,500 at any time during the month.

Business Money Manager Plus Rates*

TierBalanceDividend RateAnnual Percentage Yield
1$0-$100,0000.75%0.75%
2$100,000-$199,9991.50%1.51%
3$200,000+3.00%3.04%

 

Rates subject to change at any time. Rates effective as of March 1, 2024.

*Rates as stated for Money Manager 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.

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