Business Money Market
Are you looking for a short-term investment option? Consider a Business Money Market Account with Itasca Bank & Trust Co.
Business Money Market Account Features
- $2,500 Minimum Balance to open
- Monthly Service Charge $10 (if balance falls below $2,500 anytime during the month)
- $2,500 minimum balance to earn interest.
- No monthly charge for Business Online Banking * $5 for each additional company combined; $2.50 for each additional user (monthly)
- $10 monthly charge for paper statements
- E-statements notices that are returned undeliverable will be converted to a paper statement and a $10 fee per month will be charged
- 24-hour Banking by Phone
Transactions are limited to no more than 8 transfers and withdrawals per statement service charge cycle by means of Check, Preauthorized Agreement to Third Parties (ACH) and Debit Transfers made via Online Banking, Bank by Phone or Bank Assisted Transfers made by phone. A $10 Excess Activity Fee will be charged for each transaction listed above, over 8, which clears within that statement service charge cycle. Transfers and Withdrawals made in person at Itasca Bank & Trust Co. or at an Automated Teller Machine (ATM)** from a Savings or Money Market Account are unlimited.
*One company and one user
**Use of non-Itasca Bank & Trust Co. owned ATM will incur a $1.00 service charge per transaction. Other financial institutions may charge a fee to use their ATM.