Alert!

All offices and drive-up windows will be closed on Monday, May 29th in observance of Memorial Day.

Information about our merger and your transition to NBT can be found at SalisburyBank.com/NBT

For information regarding recent industry news visit: SalisburyBank.com/Industry-News

Business Money Market Account

Maximize the return on deposits and get the flexibility of easy access to your funds.*

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With higher balances, you get higher returns

Features include: 

  • Higher interest rates for higher balances
  • Access to your account in-branch, by ATM or by check
  • Avoid monthly service charge of $10.00 with a $1,000.00 minimum balance

Business Money Market Rates

Effective Date: Friday May 26, 2023

Type Minimum Balance to Open Minimum Balance to Earn APY1 Interest Rate APY1
Business Money Market2,3 $1,000.00 $0.01 0.05% 0.05%
  $1,000.00 $2,500.00 0.05% 0.05%
  $1,000.00 $10,000.00 0.08% 0.08%
  $1,000.00 $25,000.00 0.08% 0.08%
  $1,000.00 $50,000.00 0.15% 0.15%
  $1,000.00 $100,000.00 0.18% 0.18%
  $1,000.00 $250,000.00 0.20% 0.20%
  $1,000.00 $500,000.00 0.20% 0.20%
  $1,000.00 $1,000,000.00 0.20% 0.20%

 

1 APY is defined to mean Annual Percentage Yield. Rates are subject to change without notice.

2 Interest is compounded daily and credited monthly. The interest rate may change at any time, and may change after the account is open. Transaction limitations apply.

3 Maintain a minimum daily balance of $1,000.00 to avoid the $10.00 monthly service charge.

Fees may reduce earnings.

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When you need a banking partner who can tailor your loan to fit your company’s needs.