Business Money Market Account
Maximize your earning potential with a savings account that does more for your business. Our money market account provides tiered interest, so higher balances earn higher rates. Have the best of both worlds — interest and liquidity — with this versatile account.
- Competitive, tiered rates:
- 0.15% APY on balances up to $9,999
- 0.15% APY on $10,000-$24,999
- 0.25% APY on $25,000-$49,999
- 0.25% APY on $50,000-$99,999
- 0.35% APY on $100,000-$249,999
- 0.50% APY on $250,000+
- Enjoy flexibility with enhanced access to funds
- Avoid the $10 monthly service fee by maintaining a $2,500 minimum daily balance
- Up to 6 withdrawals per month
- Free business online banking & bill pay
- Free business mobile banking
- Free e-Statements
- $25 minimum deposit to open
All Sonabank business account holders will be required, due to regulatory reasons, to provide us with certain information on its Beneficial Owners.
This information must be provided on Sonabank’s Beneficial Owner Form before a new account can be opened, or any changes can be made to an existing account.
APY=Annual Percentage Yield