Savings and Investing
Business Money Market Accounts
Another way we help put your money to work for you is with a money market account for your business. With a money market account, you'll enjoy easy access to your business funds and the peace of mind that comes with FDIC insurance up to maximum allowable limits.
Business Money Market Account
Offering higher interest rates than the Business Savings Account, our Business Money Market Account* is the next step up the savings ladder. With a low $1,000 minimum deposit to open an account and an average daily balance of just $2,500 to waive the monthly fee, we make it a pretty easy step. Start climbing today.
Business Super Money Market Account
When your business is ready for a savings upgrade, and has a balance of $25,000 or more, the Business Super Money Market Account** is the best choice for the job. When you maintain an average daily balance of $25,000 or more in your account, your savings will grow with no monthly fees. Even better, you'll earn our best business money market account rates and enjoy higher rates based on higher balances.
Open a Business Money Market or Business Super Money Market Account today by visiting your nearest Burke & Herbert Bank branch, or call us at 703-684-1655 and ask to speak with a Business Banking Officer.
* Business Money Market Account:
$1,000 minimum to open.
$2 monthly fee if average daily balance is from $1,000 to $2,499.99; $5 monthly fee if average daily balance is less than $1,000.
6 transactions per monthly statement cycle; $2 fee per transaction thereafter.
** Business Super Money Market Account:
$1,000 minimum to open; $10 monthly fee if average daily balance is less than $25,000; 6 transactions per monthly statement cycle; $2 fee per transaction thereafter.