Commerce Money Market
This account may be the right choice if your business maintains higher balances and you want to combine liquidity with competitive rates.*
- Summary
- Variable rate of interest is paid on the average available balance in your account
- 20 deposited items per statement cycle at no charge (15¢ each additional item)
- Cash deposits up to $5,000 per deposit at no charge (10¢ per additional $100 deposited in cash)
- $15 monthly service charge
- Enroll in eStatements to lower to $10
- Maintain a $2,500 minimum balance to eliminate monthly service charge**
- Funds are checkbook accessible; withdrawal limitations apply; $12 per debit fee for excessive withdrawals
- Free account management services include:
- $100 minimum deposit to open
*No more than 6 transfers or withdrawals of the following type are permitted during your monthly statement cycle:
- Payments to third parties by check, draft, debit card or other similar transactions
- Transfers by telephone using our automated telephone system or speaking with a bank employee on the telephone
- Transfers of payments through online, mobile and text banking (including Bill Payment)
- Pre-authorized or automatic transfers and withdrawals
- Debit card purchases
There are no limits on transfers or withdrawals made in person at an ATM, Bank branch or on any types of deposits.
If excess activity occurs on more than an occasional basis, the Bank may be required to convert the account to a checking account or close the account.
**Excess transaction fees still apply.
For more information:
