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Personal Money Market Account

Earn More While Keeping Access to Your Funds

A Money Market Account gives you the best of both worlds—higher earning potential than a traditional savings account with the flexibility to access your funds when you need them. It’s a great option for customers who want to grow their balance while maintaining convenient access for larger or occasional transactions.

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Account Information

  • Rate information
    Your interest rate and accrual percentage yield may change.

  • Frequency of rate change
    We may change the interest rate on your account at any time.

  • Determination of rate
    At our discretion, we may change the interest rate on your account.

  • Compounding and crediting frequency
    Interest will be compounded every month. Interest will be credited to your account every month.

  • Minimum balance to open the account
    You must deposit $2,500.00 to open the account.

  • Minimum balance to avoid imposition of fees
    A low balance fee of $15.00 will be imposed each monthly statement cycle if the average daily balance for the monthly statement cycle falls below $2,500.00. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

  • Daily balance computation method
    We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

  • Accrual of interest on noncash deposits
    Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).

  • Fees
    An excess withdrawal charge fee of $3.00 will be charged for each debit transaction in excess of 6 (Six) during a calendar month.

  • Contact us for more information.


We Make Banking Easy

Mobile Banking

Keep up with your finances wherever you are. Check balances, transfer funds, and manage your account with ease from your phone.

Wire Transfers

Send and receive funds quickly and securely, making it easy to move money when it matters most.

Mobile Deposit

Deposit checks directly from your phone for fast, secure, and convenient access to your cash.

Have a Question? Your Local Bank Is Here to Help

At Cypress Bank, our team takes the time to understand your needs and help you choose the right banking solution. Whether you’re building savings or managing larger balances, we’re here to help you every step of the way. Stop by your local branch or reach out today.

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