Business Money Market Accounts

Our tiered money market accounts are the perfect way to earn higher dividends while keeping your funds accessible. Maintain easy access with unlimited in-person withdrawals and transfers.

	Dividend Rate	APY*	Minimum Balance to Open	Minimum Balance To Earn APY*
Business Money Market
$2,500 - $4,999	0.100	0.10	$50	$2,500
$5,000 - $24,999	0.150	0.15	$50	$5,000
$25,000+	0.150	0.15	$50	$25,000
Business Money Market Plus
$2,500 - $24,999	0.100	0.10	$50	$2,500
$25,000 - $49,999	0.150	0.15	$50	$25,000
$50,000+	0.349	0.35	$50	$50,000
If balance falls below $25,000 a $10.00 fee will be applied.
Business High-Yield Money Market
$2,500 - $49,999	0.100	0.10	$50	$2,500
$50,000 - $99,999	0.349	0.35	$50	$50,000
$100,000-$199,999	0.449	0.45	$50	$100,000
$200,000-$299,999	0.499	0.50	$50	$200,000
$300,000 - $499,999	0.549	0.55	$50	$300,000
$500,000 - Above	0.598	0.60	$50	$500,000
If balance falls below $50,000 a $10.00 fee will be applied.

*APY = Annual Percentage Yield. Dividends are compounded and credited monthly. Dividends begin to accrue upon date of deposit. If account is closed prior to dividend crediting, accrued dividends will not be paid. Minimum opening balance is required. For Money Market Accounts, you may make up to six (6) preauthorized, automatic, telephonic or audio response transfers to another account of yours or to a third party during any calendar month. A $10 per check fee will be assessed if more than three checks are written in one month. There is no limit on the number of account transfers or withdrawals when initiated in person at a Sound Credit Union branch. Membership at Sound Credit Union requires a Savings account with a minimum balance of $25. Rates and fees are subject to change at any time.

Truth In Savings Disclosures
NOTE: All Savings accounts which have DIVIDENDS COMPOUNDED AND CREDITED are paid monthly.