Bank of Lexington’s Business Money Market Deposit Account gives you a better interest rate on your savings, with easy access to your funds. Since the interest rate is tiered, the higher your balance the more you earn. It is a great way to earn one of the best interest rates available for your business.
Earn interest for your business by banking with Bank of Lexington
- Minimum opening deposit and daily balance to earn interest is $2,500; $9.00 monthly fee if daily balance falls below $2,500 at any time during statement cycle (monthly)
- Limit of six withdrawals per statement cycle. Subject to excess transaction fees of $5.00 per item over six.
- Free Online Banking
- Free 24 hour automated telephone service – “On Call”
- Free E-statements
- Tiered interest rate; $2,500 – $24,999; $25,000 – $49,000; $50,000 – $99,999; $100,000 – up
- Interest is compounded daily and credited monthly