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Business Money Market
Relationships you can bank on.
Whether you have a
small, thriving business, or a large, high transaction volume company, we have
the checking account to fit your business needs.
With the Business Money Market Account, you can earn interest no matter what the balance – and still enjoy earning a higher rate as your account balance increases!
For current rates, please contact your local branch.
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Earn a higher rate of interest |
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Start with just $1000 |
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Up to 6 Withdrawals per Month
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Low Minimum Balance
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24
Hour Account Access by Phone |
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You can make transfers between your PBI Bank
accounts with our free Telephone Banking.
If you have any questions, please
visit our Customer Service Center. Stop by a
branch today to take advantage of these great features! |
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An initial deposit of $1000 is required to open this account |
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If daily balance falls below $1000.00, a service charge of $10.00 will be charged for the month |
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Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks) |
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We use the Daily Collected Balance method to calculate the interest on your account. This method applies a daily periodic rate to the Daily Collected Balance in the account. |
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Interest will be compounded and credited to your account on a monthly basis |
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You may make six (6) transfers from your account each four (4) week or similar period, by preauthorized or automatic transfer, internet transfer, or telephone (including data transmission) agreement, order or instruction including transfers made by check, draft, debit card or similar order (including POS & ACH transactions), made by the depositor and payable to third parties. Internal Loan Payments, Transfers and withdrawals made in person, by messenger, by mail, night drop or at an ATM are unlimited |
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A fee of $10.00 per item is assessed for excess withdrawals |
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Interest rate may change daily |
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Fees may reduce earnings |
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View
our FDIC page to determine the amount to
which your account will be insured |
Rates may vary among branches and may vary if amounts, terms or other conditions vary from those posted above.
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IMPORTANT INFORMATION FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal
law requires all financial institutions to obtain verify, and record information that identifies
each person who opens an account. What this means for you: When you open an account, we will
ask for your name, address, date of birth, and other information that will allow us to identify
you. We may also ask to see your driver's license or other identifying documents. |
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