Contact a Business Specialist today to find out more!
443-573-4982
business1st@1stmarinerbank.com
| |
Business Statement Savings
Flexibility matched with convenience |
Business Money Market
Higher interest, liquidity and fund accessibility |
| Minimum to open |
$500.00 |
$1000.00 |
| Interest credited |
Monthly |
Monthly |
| Minimum Balance |
$500.00 |
$3500.00 |
| Rates |
Check Rates |
Check Rates |
Business Statement Savings
Courage and commitment are the cornerstones of entrepreneurship. Freedom and flexibility are the rewards. With the 1st Mariner Business Statement Savings account, you’ll have the flexibility that you need to grow and manage your company. This account allows you to make deposits and withdrawals of any amount at any time.
- Interest is compounded daily and credited monthly.
- The minimum deposit to open this account is only $500.
- Monthly statements are sent to you, which can be combined with your other 1st Mariner business accounts.
- You can avoid monthly service charges by satisfying theminimum balance requirement.
Business Money Market
Watch your money grow while maintaining liquidity and access to your funds. Our Business Money Market account gives you a competitive advantage. Compare the features of 1st Mariner Bank’s Business Money Market account with those of other banks around town and you’ll see our competitive edge. Our Business Money Market account includes the following features:
- The minimum account opening deposit is $1,000.
- Competitive interest is paid on three tiers of daily balances:
- From $1,000-$9,999.99
- From $10,000-$49,999.99
- From $50,000 and over
- Interest is compounded daily and credited monthly.
- You may transfer funds directly from this account to your commercial checking account, though transfer limitations apply.
- Your monthly statement, which includes all checks that have been written, will detail credited interest, deposits, withdrawal, transfers, and account balance.
You can avoid a monthly service charge on your money market account by maintaining a minimum balance of $3,500.
Business Schedule of Charges