Business Banking

MONEY MARKET

What’s the best way to earn additional savings for your business?

Freedom Bank offers a high-yield business money market account with rates that reward your success.

Maximize your earning potential with a business money market account that does more than just earn interest. A Freedom Bank Business Choice Money Market Account helps you manage your finances while rewarding you for your success. Our business choice money market account, designed around small businesses’ needs, provides tiered interest, so higher balances earn higher rates.

Business Choice Money Market Account

Please see our Current Rates Page for the current annual percentage yield (APY). Make the move to earn more with our Business Choice Money Market Account.

  • No minimum balance to open
  • No monthly service charges
  • Free online banking
  • Easy-to-read monthly statements
  • Free eStatements available
  • Account subject to Regulation D limitations**
  • Fees can reduce earnings

BUSINESS CHOICE MONEY MARKET CURRENT APY

Choice Business Money Market Account 0.25% APY*

*Annual Percentage Yield (APY) as of 11/17/2020 and is subject to change without notice. Minimum balance to obtain APY is $0.01. This is a variable rate account, the rate may change after the account is opened. You may make no more than six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or similar transactions from your account per month or statement cycle. If you make more than six preauthorized withdrawals or transfers during a month or statement cycle you will be assessed a $10.00 fee. Other penalties may be assessed, including converting your account to a business checking account. Fees may reduce earnings. **Effective April 24th the Federal Reserve Board announced an interim final rule to amend Regulation D to delete the six per month limit on convenient transfers. Click here for full details. 

Move to a Business Money Market account from Freedom Bank.

What is a Money Market account?

Freedom Bank’s Money Education series answers your questions about Money Markets and how to make the most of the best Money Market account interest rates. In this video, you’ll learn how to invest in Money Market Accounts for your business or personal finances.