Both our Money Markets and our CDs offer competitive interest rates. So which account should you choose? This information is to help you decide which account is right for you.
If you are not a business, please see our Personal Banking Savings Accounts.
Business Money Market
Money Market Accounts are a good choice if you need constant acess to your money. They are also a good choice if you want to begin investing now and add to the account over time. They allow free acess to your funds and you can make deposits and withdrawals as you go.
Certificates of Deposit
Money is placed in a CD for a set amount of time and there is a penalty for early withdrawal. You should not choose a CD if you think you might need to access your cash before the maturity date. The best thing about CDs is that they are FDIC insured and offer a relatively high return.