Business Money Market
Save Smarter. Strengthen Your Business.
Built to support your goals.
A Meridian Trust business savings account helps you keep your cash working while you focus on running your organization. You get steady growth, simple access to your funds and personal guidance from people who know your business and your community.
Business Yield Wise Money Market Account
- Best for all size businesses including corporations, governments, and investors wanting to meet short term funding and liquidity needs
- $500 opening deposit
- Maintain a $1500 average daily balance to avoid fees
- $15 monthly fee if balance falls below $1500
- Excessive debit fee $5 charged for each item exceeding (6) per stmt cycle
- Dividends compounded and paid monthly depending on account balance.
- Business debit card not applicable
- No bill pay
Open a money market account
Here’s what you’ll need to get your business account set up.
- Letter of Assignment of EIN from the IRS
- Certificate of Good Standing
- ID Information, SSN and Address of all individuals who own or control more than 25% of the business
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Current Rates
Minimum Opening Balance | Minimum Balance to earn APY* | Dividend Rate | APY* |
|---|---|---|---|
Minimum Opening Balance $10 | Minimum Balance to earn APY* $100 | Dividend Rate 0.05% | APY* 0.05% |
*APY=Annual Percentage Yield. Rates may change without notice. Rates above are effective as of December 5, 2022. Fees could reduce the earnings on the account. Membership required.
| Balance | Dividend Rate | APY* | Minimum Opening Balance | Minimum Balance to Earn APY | Maintenance Fee | Minimum Balance to Avoid Service Charge | Dividends Compounded & Credited | Dividend Period |
|---|---|---|---|---|---|---|---|---|
| Balance
$0 - $999.99 | Dividend Rate 0.50% | APY* 0.50% | Minimum Opening Balance$500.00 | Minimum Balance to Earn APY$0 | Maintenance Fee $15 | Minimum Balance to Avoid Service Charge $1,500 | Dividends Compounded & CreditedMonthly | Dividend PeriodMonthly |
| Balance $1,000 -$9,999.99 | Dividend Rate 0.75% | APY* 0.75% | Minimum Opening Balance$500.00 | Minimum Balance to Earn APY$0 | Maintenance Fee $15 | Minimum Balance to Avoid Service Charge $1,500 | Dividends Compounded & CreditedMonthly | Dividend PeriodMonthly |
| Balance
$10,000 - $49,999.99 | Dividend Rate 1.00% | APY* 1.01% | Minimum Opening Balance$500.00 | Minimum Balance to Earn APY$0 | Maintenance Fee $15 | Minimum Balance to Avoid Service Charge $1,500 | Dividends Compounded & CreditedMonthly | Dividend PeriodMonthly |
| Balance
$50,000 - $149,999.99 | Dividend Rate 1.25% | APY* 1.26% | Minimum Opening Balance$500.00 | Minimum Balance to Earn APY$0 | Maintenance Fee $15 | Minimum Balance to Avoid Service Charge $1,500 | Dividends Compounded & CreditedMonthly | Dividend PeriodMonthly |
| Balance
$150,000+ | Dividend Rate 1.56% | APY* 1.57% | Minimum Opening Balance$500.00 | Minimum Balance to Earn APY$0 | Maintenance Fee $15 | Minimum Balance to Avoid Service Charge $1,500 | Dividends Compounded & CreditedMonthly | Dividend PeriodMonthly |
*Annual Percentage Yield. Rates may change without notice. Rates above are effective as of March 23, 2026. Business YieldWise Money Market accounts are Tiered Rate accounts. For these accounts, if the balance falls within the range for a particular tier, the dividend rate applicable to that tier will apply to the full balance in the account. Fees could reduce the earnings on the account. Membership required. Minimum opening balance of $500.00. Minimum balance of $1,500.00 to avoid $15.00 monthly service charge. Dividends compounded and paid monthly depending on account balance. Insured by NCUA.
Your next financial step.
Whether you’re buying, saving, or planning ahead, we’ll help you move confidently toward what’s possible.