Savings and flexibility for your business
(Business entity must be owned and operated within Pennsylvania or New Jersey)
A Business Premium Money Market account offers a safe, secure place to help maximize your savings while retaining a high level of liquidity. You will earn interest on a tiered structure and receive a higher rate when you have a larger balance.
- $1.00 minimum balance required to open
- No monthly maintenance service charge
- No minimum balance required to earn the stated interest
Account Features
- FREE access to Online Banking1
- FREE access to Mobile Banking with Mobile Deposit2,3
- Overdraft protection for checking
- American Bank Visa® Business Debit Card4 access when account is listed as a secondary account
- Download transactions at no charge to QuickBooks3,5
- Courier service (checks only)
1 Internet service provider charges apply
2 Mobile device and usage charges may be assessed by your carrier
3 Online Banking required
4 Overdraft Item fees may apply
5 Software purchase required
Note: Check writing and bill pay are not available for this account. Debit card access is permitted only when account is listed as a secondary account
| Tiers | Interest Rate | APY |
|---|---|---|
| $0.00 - $24,999.99 | 1.00% | 1.01% |
| $25,000.00 - $99,999.99 | 1.24% | 1.25% |
| $100,000.00 - $999,999.99 | 1.49% | 1.50% |
| $1,000,000.00 - $2,499,999.99 | 1.49% | 1.50% |
| $2,500,000.00 and above | 1.98% | 2.00% |
- Interest is compounded daily & earned on the daily balance based on a tiered-rate structure
- $1.00 minimum balance required to open
- No monthly maintenance service charge
- No minimum balance required to earn the stated interest
- This is a tiered-rate account. The interest rate and APY may change after account opening
- Fees may reduce the earnings on the account
- Rates are subject to change at any time without notice
How to Apply
If you’re interested in applying for a business deposit account, you can visit our location at 4029 West Tilghman Street, Allentown, PA during business hours or contact us.