HOA Money Market
Sonabank's HOA Money Market accounts let you earn competitive interest rates on your Homeowners Association (HOA) and Condo Unit Owners Associations (CUOA) with Sonabank operating accounts. You have fast access to funds whenever your associations need them.*
- Tiered-interest-rate account that pays competitive rates based on the amount deposited
- No-fee online banking
- First check order free
- Free debit card
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.
* Account withdrawal limitations apply.