As a bank serving businesses in West Central Arkansas and the River Valley, Union Bank offers a commercial money market savings account, a high-interest savings option that allows your business to earn higher interest based on the balance. This means your money grows faster over time—making for a versatile investment account to meet the business's financial needs.
What is a Union Bank Business Money Market Account?
- Sole proprietors, partnerships, and corporations that want to build emergency funds, save for equipment or large purchases, or invest in business growth are eligible for this account.
- Tiered interest rates are paid based on balance, which means you earn more on higher balances. Balance tiers are:
- $0 - $9,999
- $10,000 - $24,999
- $25,000 and over
- Interest is compounded and paid monthly*.
- The minimum opening balance is $1,000. Avoid a $12 service charge fee by maintaining a $1,000 balance daily.
- Access your money quickly and easily with check-writing, debit card, or online transfers.
- With FDIC insurance, money is safe and secure, up to $250,000 per depositor.
Open A Business Money Market With Union Bank
Start a conversation with our experienced business banking team today. Contact us or visit one of our convenient locations in Mena, Paris, Wickes, Hatfield, Caulksville, Clarksville, Ozark, Waldron, and Booneville for help choosing the best business savings, business investment account, and business checking options.
*Accrued interest is forfeited if the account is closed before interest is credited.