Money Market Account Features

  • 24/7 Telephone Banking

  • 24/7 Online Banking

  • Earn Interest

  • FDIC Insured

Product Information

  • Interest

    APYs vary based on the daily balance.
    Accrued interest will be credited to your account monthly.

     

  • Minimum Opening Deposit

    $50,000**

  • Monthly Service Charge

    $25
    Monthly service charge can be waived if minimum daily balance of $10,000 is maintained during each statement period.

  • Transaction Charge***

    $10/debit that exceeds six (6) withdrawals and/or transfers each monthly statement period.

  • ATM Access

    Access through the Bank of Hope, Allpoint and MoneyPass networks are free; however, a fee may be charged for access through other ATM networks and may vary depending on the network provider.

*The Annual Percentage Yield (APY) is accurate as of June 2, 2023. The rates may change at any time without notice after account opening. Fees may reduce earnings on the account.

**An account must be opened with new money (funds not currently on deposit with Bank of Hope) of at least $50,000.00. New money is not required if funds from Bank of Hope matured CD(s) of at least $50,000.00 are deposited within a grace period. The grace period is ten (10) calendar days from the maturity date, and it begins on the first day after the maturity date. The account must be funded within 10 calendar days from the account opening date.

***$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.

Account is subject to approval. Other fees and charges may apply. The account is covered by FDIC insurance up to the maximum allowed by law. See Account Product Disclosure (PDF) for more information. 

Start earning today!

*The Annual Percentage Yield (APY) is accurate as of June 2, 2023. The rates may change at any time without notice after account opening. Fees may reduce earnings on the account.

**An account must be opened with new money (funds not currently on deposit with Bank of Hope) of at least $50,000.00. New money is not required if funds from Bank of Hope matured CD(s) of at least $50,000.00 are deposited within a grace period. The grace period is ten (10) calendar days from the maturity date, and it begins on the first day after the maturity date. The account must be funded within 10 calendar days from the account opening date.

***$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.

Account is subject to approval. Other fees and charges may apply. The account is covered by FDIC insurance up to the maximum allowed by law. See Account Product Disclosure (PDF) for more information.