Looking to grow your business funds faster while keeping easy access to your money, opening a Business Money Market account at My Kind of Bank, is designed to do just that. With tiered, competitive interest rates and free digital banking, you can manage your cash flow confidently and conveniently at any of our in branches Henning, Ottertail, Battle Lake, Evansville, and Detroit Lakes. Backed by our personalized community service, we’re invested in your business. Stop by one of our branches and open a Business Money Market account today at My Kind of Bank.
Key Features
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Competitive, Tiered Interest
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Enhanced Fund Access
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Digital Banking
Business Money Market Savings
- High yield savings account, utilizing tiered rate structure:
- Higher balances earn a higher rate
- Better rates than regular savings
- Avoid the $1 monthly service charge by maintaining a $25 minimum daily balance
- Maintain enhanced access to funds, including direct checking writing:
- Unlimited in-person withdrawals or by mail
- 6 free transactions per month by pre-authorized automatic, telephone, checks, drafts, debit cards, or other similar order
- Free digital banking
- $1,000 minimum deposit to open
Business Money Market Investor
- High yield checking account for large depositors
- Tiered interest rate structure
- Higher balances earn a higher rate
- Better rates than regular savings
- Avoid the $10 monthly service charge by maintaining a $25,000 daily account balance
- Maintain enhanced access to funds, including direct checking writing:
- Unlimited in-person withdrawals or by mail
- 6 free transactions per month by pre-authorized automatic, telephone, checks, drafts, debit cards, or other similar order
- Free digital banking
- $25,000 minimum deposit to open
