Money Market Accounts
|
Account Type |
|
Interest Rate |
Minimum
to Open |
Minimum to
earn APY |
|
|
Premium Money Market† |
|
|
$1,000 |
|
|
|
$50,000 & Over |
--- |
--- |
|
$50,000 |
|
|
$25,000 – 49,999 |
--- |
--- |
|
$25,000 |
|
|
$10,000 – 24,999 |
--- |
--- |
|
$10,000 |
|
|
$0 - $9,999 |
--- |
--- |
|
$0 |
|
|
 |
* APY – Annual Percentage Yield
† Ask about our CommerceOptionsSM checking account for an even better rate!
Interest rate and annual percentage yield may vary. We may change the interest rate at any time at our discretion. Interest is compounded on a monthly cycle basis and credited to your account at the end of the monthly statement cycle. Fees could reduce earnings on your account.
The interest rate is based on four tier levels.
Pre-authorized or automatic transfers of withdrawals from the account, including telephone transfers, are limited by law to six per statement cycle, three of which may be by check to a third party. Transfers between accounts of the depositor in person or by mail and withdrawals in person or at a Commerce Bank ATM are unlimited. Each depositor insured up to $100,000.
