Benefits of a Business Money Market Account
Earn Interest
Convenient Automatic Transfers
24/7 Telephone Banking
FDIC Insured
Bank of Hope Business MMAs

Business Money Market

Maximize your interest earnings with the flexibility to make transactions on your account.

  • $2,500 minimum opening deposit
  • $15 monthly service charge
  • Minimum daily balance of $2,500 or *average daily balance of $5,000 during each statement period to waive service charge
  • $3 credit towards your monthly service charge when enrolled in e-Statement
  • Transaction charge of $10 per debit that exceeds six (6) withdrawals and/or transfers each monthly statement period**

 

Business Prestige Money Market

Have more funds on hand? Make a larger deposit and enjoy the flexibility of a regular business MMA while enjoying the higher interest rate of our Prestige business MMA.

  • $25,000 minimum opening deposit
  • $25 monthly service charge
  • Minimum daily balance of $25,000 to waive service charge
  • $3 credit towards monthly service charge when enrolled in e-Statements
  • Transaction charge of $10 per debit that exceeds six (6) withdrawals and/or transfers each monthly statement period**

 

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Compare and Select
Account Type Business Money Market Business Prestige Money Market
Min. Opening Deposit $2,500 $25,000
Earns Interest
24/7 Telephone Banking
24/7 Online Banking  ✔  

The content of this page is informational only. Account is subject to approval. The terms of the account, including any fees or features, are subject to change without prior notice except as required by law. Other fees and charges may apply. A copy of Deposit Account Agreement and Account Product Disclosure is available upon request. The account is covered by FDIC insurance up to the maximum allowed by law. *Average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. **$10 per debit that exceeds six (6) withdrawals and/or transfers each monthly statement period, to another account at Bank of Hope or to a third party by means of a preauthorized or automatic transfer, check, draft, point‐of‐sale by ATM/Debit card, telephone(including data transmission) and/or Online/Internet Banking or similar orders.

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