Business Money Market Account

Our convenient MVB Business Money Market account offers you higher interest rates than regular savings, yet it provides a checking account’s accessibility. Maximize your returns without locking them up!

Summary:

  • No monthly service fee
  • Greater interest earnings than savings*
  • Tiered interest – higher rates for larger balances
  • $5,000 minimum collected daily balance to earn interest
  • Enhanced access, including check writing
  • Six debit transactions per statement cycle; $5 each thereafter*
  • 100 checks deposited for free; 15-cents per check deposited thereafter
  • Unlimited withdrawals in person
  • FREE e-Statements available
  • FREE Visa® debit card
  • $5,000 minimum deposit to open
  • FDIC insured

*If customer has two months with more than six third-party withdrawals in a rolling 12 months, the account must (by law) be either closed or changed to a non-interest bearing account. MVB Bank’s policy is to change the account to a non-interest bearing account. Fees may reduce earnings.

Effective May 11, 2018, all banks will be subject to new rules under the Bank Secrecy Act that will aid the government in the fight against terrorism and other national security threats. Are you prepared? Click here to learn more about the Beneficial Ownership Rule.