The information provided in this blog is for educational and informational purposes only and should not be considered financial, legal, or investment advice. MIDFLORIDA Credit Union does not provide personalized financial planning services through this content. Please consult with a qualified financial advisor or other professional for advice tailored to your individual circumstances.
Unlock Your Business Earning Potential
As a business owner, you're always looking for smart ways to grow your company's bottom line. While managing day-to-day operations, it's easy to overlook how your idle cash could be working harder for you. That's where MIDFLORIDA’S Business Money Market Account comes in.
What is a Money Market Account?
A money market account, or MMA, is a type of savings account that blends the best features of both traditional savings and checking accounts. It allows you to earn competitive interest rates on your deposits-often higher than standard savings accounts-while still providing relatively easy access to your funds.
A Money Market Account for your Company: Key Benefits
MIDFLORIDA's Business Money Market Account is tailored to help businesses maximize their savings and maintain financial stability. Here's how it stands out:
- Competitive Interest Rates: Your business funds can earn higher interest than a traditional business account, helping your savings grow significantly.
- Financial Funds: Use this account as a tool to help manage your business cash flow. Easily move or transfer money between accounts to cover transactions or prevent overdrafts on your primary business checking account – helping you avoid unnecessary fees and keeping your business running smoothly.
- NCUA Insurance: Rest easy knowing your deposits are federally insured by the National Credit Union Administration (NCUA) for up to $250,000, providing a safe and secure way to save.
- Convenient Access: Benefit from 24/7 access to your savings through online banking. Plus, enjoy personalized, face-to-face service at any of MIDFLORIDA’s branches, which offer extended drive-thru hours and full-service Saturdays. No appointment is required to open an account!
- Flexible Fee Waivers: MIDFLORIDA offers several ways to avoid the monthly maintenance fee on your account. Zero monthly fee when you maintain the required balance in the Business Money Market or meet a specific balance in combined deposit accounts or loans.
Start Earning More on Your Business’s Cash
A Money Market Account for your organization is a strategic tool for any business looking to optimize its cash reserves. It offers a powerful combination of earning potential, accessibility, and security, allowing your money to work harder for your business's future.
Ready to make your business savings soar?
- Learn more about the MIDFLORIDA Money Market Account and view current rates by visiting the Business Money Market Account page.
- Contact a Representative for personalized assistance
