Money Market

Prairie Business Money Market

The Money Market account is a tiered, interest-bearing account, designed to provide you with higher interest yields while retaining liquidity. You can even write checks from this account on a limited basis.

This account is designed for businesses that need higher rates but may need access to their money periodically. Ideal as a "holding tank" for companies that need to move money around on a limited basis.

 Young Professionals
Minimum to Open: $2,500
Minimum Balance: $2,500
Minimum to Earn APY: $.01
Interest Rate : Tiered and variable. Check your bank's daily rate report.
Tier 1 = $.01 to $2,499.99
Tier 2 = $2,500 to $9,999.99
Tier 3 = $10,000 to $24,999.99
Tier 4 = $25,000 to $49,999.99
Tier 5 = $50,000 to $99,999.99
Tier 6 = $100,000 +
Compounding: Interest is compounded daily, paid monthly
Services Charges: - $15 Minimum Balance Fee incurred if balance falls below $2,500 any day of the statement cycle.
- $2 Transaction Fee charged for each debit transaction in excess of 6 per statement cycle.
Restrictions: Commercial only. Preauthorized, automatic, telephone, internet or Bill Pay transfers to 3rd parties are limited to 6 per month.