Business Prestige Money Market

Get More For Your Money With The Security of Fully Insured Deposits.

3.90% APY*

4.40% APY*

$0-$999,999.99

$1,000,000 and above

Contact our Client Service Team at 877-487-2977 or visit a branch nearest you to open an account or learn more about our tiered account rates.

Find Nearest Branch

Fully Insured Deposits

Innovative Solutions

Trusted Advisor & Partner

high-yield-cd-accounts-bankprov

Why a Money Market Account?

Our Business Prestige Money Market Account gives you competitive interest rates, fully insured deposits and the flexibility to bank the way you need.

Contact our Client Service Team at 877-487-2977 or visit a branch nearest you to open an account or learn more about our tiered account rates.

Find Nearest Branch

Money Market Account Benefits

BankProv-Contact-Us-Digital-Banking-3_2

Fully Insured

Accounts are insured through the FDIC up to $250,000 per depositor, and covered in excess by the DIF.

BankProv-career-benefits-time-to-recharge-72x72

Easy to Open

Call 877-487-2977 or visit a branch nearest you to open a Money Market account today.

Commercial Lending Icon

Easy Deposits

The convenience to make deposits and withdrawals any time – at BankProv branches or ATMs.

Awards Icon

Competitive Rates

A competitive tiered rate of interest that increases with your balances.*

Dedicated Service Payroll Processing icon

Prompt Customer Service

We work closely with our clients to deliver superior services and solutions to meet all their banking needs.

guy looking at cryptocurrency charts on computer

What You Should Know

*Annual Percentage Yields (APY) are effective as of 2/16/2024 and are subject to change at any time. Prestige Money Market Accounts are available at BankProv branches and are insured through the FDIC up to $250,000 per depositor, and covered in excess by the DIF. Learn more about deposit insurance at bankprov.com/DIF. A tier is a range of account balances. Our balance tiers are: Between $0.00 and $999,999.99, between $1,000,000 and $9,999,999, $10,000,000 and above. The APY we pay is based on the tier in which your end-of-day balance falls. Fees may reduce earnings.

two people looking at computer discussing banking-as-a-service

Deposits Insured in Full

We’re a member of both the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). The FDIC insures each depositor to at least $250,000, and DIF insures the rest. The combination of FDIC and DIF insurance provides full deposit insurance on all of your deposit accounts.

No depositor has ever lost a penny in a bank insured by both the FDIC and the DIF. Learn more about deposit insurance policy at bankprov.com/DIF.

find a Branch.
Stop by and talk about your banking needs. Locate a bank branch nearest you.
Find Nearest Branch

Money Market Account FAQs

A money market account is a type of deposit account that provides benefits found in both traditional savings and checking accounts. Money market accounts typically earn a higher interest rate than savings accounts and allow transactions similar to a checking account. Money market account balances are covered by FDIC insurance up to $250,000, and covered in excess by the DIF.

The primary difference between a money market account and a traditional savings account is how you are able to access your money. A money market account allows checking account type transactions such as use of debit cards and ATM withdrawals. Another key difference is that a money market account typically offers a higher interest rate than a traditional savings account because they generally require a higher minimum balance than a traditional savings account.

There is no penalty on withdrawing money from a money market account. Money market accounts allow you to make withdrawals and transfers as often as you need.