MONEY MARKET SAVINGS ACCOUNT
Money Market Savings
Get tiered rates based on your balance, with the convenience of check writing and ATMs to access your money when you need it. The more you keep in your Money Market Savings Account, the more your money makes you!
Money Market Savings Account
Features:
- FREE Money Market Savings checks
- FREE MasterCard® Debit Card
- FREE Online Banking & Bill Pay (Must be 18 years of age or older to use Bill Pay)
- FREE Mobile and Text Banking
- FREE ATMs nationwide with MoneyPass
- FREE Telephone Banking
- Interest rate bonus of 0.05% Annual Percentage Yield (APY) with Elite Checking Account
Interest:
- Rates are tiered based on account balance and may vary. Ask us for current rates.
- Interest is accrued daily and credited monthly.
Minimum Opening Deposit:
- $1,000
No Monthly Maintenance Fee:
- With a minimum balance of $10,000 or maintain an Elite or Advantage Checking Account1
Otherwise a $10 monthly maintenance fee applies.
Statement Options:
- eStatements
- Combined statements
- Paper statements
Start Saving Today!
Talk to one of our bankers today, and let us help you meet your savings goals!
Other service fees may apply. Please see our Banking Fees.
¹Monthly maintenance fee waived for statement cycles where you maintain an open First Merchants Elite or First Merchants Advantage account. If you have an open First Merchants Elite or First Merchants Advantage account and receive the $10 monthly maintenance fee on the Money Market account, the fee will be refunded on the next statement cycle. Promotional accounts cannot be opened online.
