Business Money Market Account
A Greenwood Credit Union Business Money Market Account is a great way to earn a higher interest rate while still keeping your money available to you. Our Money Market Account has the following features:
- Earn a premium interest rate without tying up your money
- Interest paid monthly
- Free online banking
- Free telephone banking
- Direct Deposit available
- Monthly statements by mail or electronically
- No maintenance fees
Minimum balance requirements: The minimum balances required to earn the annual percentage yields are described in the table below. The minimum balance required to open the account and earn the stated interest is $2,500.00. A minimum balance of $2,500.00 must be maintained in the account. Failure to maintain the minimum balance will result in account closure.
| BALANCES | ANNUAL PERCENTAGE YIELD |
|---|---|
| $100,000.00 and greater | 1.00% |
| $25,000.00-$99,999.99 | 0.50% |
| $2,500.00-$24,999.99 | 0.35% |
| Rates are effective as of August 3, 2020. Rates and program are subject to change without notice. | |
To open an account, please contact our member service department at 401-739-4600.