Money Market
Money Market
Competitive interest rates offered in a tiered balance structure with easy access to your funds.
Account Details
-
$25 Minimum Opening Deposit
-
You may make 10 withdrawals or transfers from your money market account during the monthly statement period. Excess withdrawals or transfers are charged at $5.00 per item.
-
The $12.00 monthly maintenance fee can be waived by maintaining a $2,500.00 average available balance per statement cycle.
-
Interest is calculated on the daily balance and credited and compounded to the account monthly.
-
MoneyPass® ATM Network. No ATM transaction fees or surcharge fees at Mercantile Bank and MoneyPass® Network ATMs. (Find a MoneyPass® ATM).
Features & Benefits You've Come to Expect
✓ 24-hour Access
✓ Budgeting Tool
✓ Mobile Banking
✓ Personal Payments