Money Market
Premier Money Market and Choice Money Market
Interested in earning higher rates? Premier Money Market and Choice Money Market allow you to earn a competitive interest rate while keeping funds liquid.
Details
- Higher interest rates than traditional savings
- Manage money 24/7 with online, mobile, and telephone banking
- Easily transfer money between Brentwood Bank checking and money market accounts*
- Avoid monthly fees with a $5,000 daily minimum balance for Premier Money Market or with $25,000 minimum daily balance for Choice Money Market
- $25,000 in new money required to open Choice Money Market
Rates
| Account Name | Minimum to Open | Minimum Daily Balance to Earn Interest | APY3 |
|---|---|---|---|
| Premier Money Market | $50 | $1 $75,000 |
0.10% 0.15% |
| Choice Money Market4 | $25,000 | $25,000 $100,001 $250,001 |
0.20% 0.25% 0.30% |
Disclosure
* Federal regulation prohibits you from making more than a total of six transfers each statement cycle to other accounts from a savings or money market account (including transfers to another account for overdraft protection) or to third parties by check, point-of-sale purchase transactions with a banking card, pre-authorized or automatic agreements, telephone, or online. Other limitations may apply to your account. See your Account Agreement for Fee Schedule and additional information.
2 Fees may reduce earnings.
3 Annual Percentage Yields (APY) are based upon daily balance.
4 Requires $25,000 in new funds not currently on deposit at Brentwood Bank.