A Rewarding Business Money Market
Whether your business is saving for a major investment or ensuring money is available when it is needed most, our business savings account rewards your company with higher interest rates based on larger balances.
To open a Business Money Market account today, call Client Connect at 336-644-9944, use our contact form, or visit one of our convenient Triad office locations.
The Business Money Market is ideal for a business that wants to set aside funds for future needs.
Opening Deposit: $50
Monthly Money Market Service Fee: $10
Benefits & Conditions:
- Tiered, interest-bearing account that is accessible by check; receive higher interest rates on larger balances
- Interest is compounded daily and credited to your account monthly.
- Enjoy unlimited access by personal withdrawal.
- Maintain a minimum daily collected balance of $1,000 in your account to avoid the Monthly Money Market Service Fee (of $10/per month).
This is a restricted transactional account and is limited to six (6) pre-authorized withdrawals per month. Pre-authorized withdrawals include transfers initiated via telephone or online banking, or by check, draft, debit card, or similar order made by the client and payable to third parties. You may make unlimited withdrawals and transfers in person, by mail and through an ATM/ITM. If you routinely exceed these limitations, the Bank may close the account or convert it to a non-interest bearing account.
Simplify with these Business Banking Features
Cash Management & RDC
Bank of Oak Ridge offers cash management and remote deposit capture services to support your business.
Worldwide ATM
Here you have access to a worldwide ATM network and can redeem up to $20 in ATM transaction fees per month.
Business Mobile & Online Banking
Use the business mobile app and online banking to manage your business finances faster and from anywhere.
“As an owner of a growing small business, I find Bank of Oak Ridge simply the best financial institution with an NC small business focus, financial products to match and superior responsive service. They are professional, prompt and follow-through on their promises. Can’t ask for much more!”