Business Money Market Checking
Bank of York's Business Money Market Checking is ideal for landlords, trusts, and other organizations or businesses that require very few withdrawals each month. By limiting your withdrawals to fewer than six per month, you can achieve an even higher rate of interest on your business funds.
The Business Money Market Checking account requires an initial deposit of only $1,000, making a competitive interest rate accessible to organizations of almost any size. With unlimited deposit privileges, you can use a Business Money Market Checking account as a clearing account for customer payments or credit card transactions. You can then make a sweep transfer from your Business Money Market Checking account to any of our regular business checking accounts to handle your company's accounts payable, while earning interest during the period in between.
Visit any of our York County bank branches to learn how your company can maximize its interest!
Business Money Market Checking Features:
- $1,000 minimum balance to avoid maintenance fee
- Unlimited transfers or withdrawals in person, at ATM's or by mail
- No more than 6 withdrawals or transfers of any other type, including telephone transfers, and only 3 of these by check or other transfer to a third party