Business Money Market

Earn interest and enjoy immediate access to your funds with a tiered First Citrus Bank Business Money Market account. It's flexible and offers a variety of advantages.

  • Minimum to open: $2,500
  • With a minimum daily balance of $2,500 - No maintenance fee
  • $14.00 maintenance fee per statement cycle, if applicable
  • 6 covered withdrawals allowed during a statement cycle, per Federal Regulations
  • Additional withdrawals $5.00 each
  • Imaged statements
  • Complimentary Internet Banking
  • Below are the interest rate tiers based on daily balances:
  • Tier I - $2,500 - $49,999.99
  • Tier II - $50,000 - $99,999.99
  • Tier III - $100,000 and up

Rate Information: Interest begins to accrue no later than the business day we receive the credit for the deposit of non-cash items. Interest will be compounded daily, and credited to the account each statement cycle. The interest rate is subject to change.

Balance Information: We will use the daily balance method to calculate the interest on the account, which applies a daily periodic rate to the principal in the account each day. The customer must maintain a minimum daily balance of $2,500 to obtain the disclosed annual percentage yield. No interest will be earned during the statement cycle in days which the balance falls below $2,500. Additional charges may reduce APY earnings.