Premier Money Market

  • If you would like to earn Wall Street rates* on FDIC-insured funds, a Bank Independent Premier Money Market account is for you.



     

    Advantages of the Premier Money Market include:

    • No Quarterly Service Fees 

    • No Quarterly Balance Requirements

    • Up to Six Withdrawals per Month**

    • A $1 Minimum Opening Balance when you sweep funds overnight into your Premier Money Market account from a Premier Analysis checking account
       

    To qualify for our Premier Money Market with no quarterly or monthly service fees*** simply:

    • Maintain a minimum account balance of $10,000

    • Have an automatic transfer from a Relationship account

        

    Bank Independent also offers a Secured Premier Money Market account, created for organizations with strict investment policies such as municipal organizations or endowments.  Receive FDIC insurance up to $250,000, plus securities backing for everything over that amount.  Please see a member of our Business Banking team or a Sales Officer at a branch near you for more information.

    *Compare our rates to non-FDIC alternatives by visiting iMoneyNet.com. There you'll find iMoneyNet Money Fund Averages that reflect the average return of US money market mutual funds. You can also review the top 15 retail funds individually. Either way, you'll find that our FDIC-insured money market accounts and CDs provide competitive returns with the added safety of FDIC insurance.

    **A service charge per withdrawal will be assessed after the 6th withdrawal in a month.

    ***Premier Money Market checking is available to those who don't meet the qualifiers for a $14.95 monthly service charge.