Money Market Accounts
Our tiered rate money market accounts offer your company more muscle and flexibility. They earn higher interest than a regular savings account while bringing check writing capability into the mix. Make rushing to transfer funds a thing of the past, because the future of business in Central New York relies on versatility.
- Money Market
- Tiered interest structure, higher rates for larger balances
- $2,500 minimum balance to earn interest
- $2,500 minimum balance to avoid $6 monthly service charge
- $100 minimum deposit to open
- Limited check writing ability
- 20¢ per transaction regardless of account balance
- Free eStatements
- Online banking available
- FDIC insured
- ATM accessible
- Money Market Advantage
Solvay Bank offers an Advantage for companies that maintain a larger balance but still require the immediate accessibility of a money market. This account provides even greater earnings.
- Tiered interest structure, higher rates for larger balances
- Earns interest on entire balance
- $25,000 minimum balance to avoid $25 monthly service charge
- $25,000 minimum deposit to open
- Limited check writing ability
- 20¢ per transaction regardless of account balance
- Free eStatements
- Online banking available
- FDIC insured
