Business Select Money Market

Your business deserves our best interest. Our Business Select Money Market account lets you earn higher interest rates without ever losing access to your money.

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Features

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Online Budgeting Tool

Set savings goals, track budgets and more, all in one convenient place.
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Earn Interest

Watch your money grow while it stays safe and secure.
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Online Banking

Check your balances, view your transaction history, pay bills and more — all from your computer or mobile device.
Additional Features
  • Earn tiered interest rates based on your balance
  • Six withdrawals per month; $10 fee for each additional withdrawal
  • Debit Mastercard BusinessCard® at no additional charge
See Money Market Select details
Features and Benefits
  • Earn tiered rates of interest based on your balance1 — the interest rate tiers are based on the following balances:
    • $0-$9,999
    • $10,000-$24,999
    • $25,000-$49,999
    • $50,000-$99,999
    • $100,000-$149,999
    • $150,000-$499,999
    • $500,000+
  • Enjoy Online Banking
  • Debit Mastercard BusinessCard® at no additional charge 
  • Keep track of your account with Online Statements at no additional charge4
    -OR-
  • Receive a monthly paper statement with imaged checks
  • Gain access to your account information 24 hours a day with just a quick call to our InfoLine at 1-888-797-7711
Requirements and Fees

Requirements

  • Opening deposit: $1,000
  • Requirement to waive monthly fee:
    • $10,000 minimum daily ledger balance

Fees

  • Monthly fee:
    • $10 monthly fee if balance falls below $10,000 daily ledger balance
  • Transactions:
    • $10 fee for each withdrawal after the sixth2
  • Monthly statements:
    • Online Statements at no additional charge4
      • -OR-
    • Complimentary paper statements with imaged checks
  • Other fees:
    • Complimentary Business Online Banking; Unlimited Bill Pay is $9.99 per month3

More business banking options to consider.

Business Savings Account

Make your savings work for your business.

Certificates of Deposits (CDs)

Our CDs offer solid rates of return and can be tailored to fit your business needs.

Online Banking

Banking for wherever business takes you.
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Stop by your nearest Cadence branch to open an account and more.

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1The BusinessSelect Money Market account earns interest at a competitive rate determined solely by the Bank and is subject to change weekly. Interest is earned daily on the collected balance at each balance tier using the daily balance method and is credited and compounded monthly at statement time. Interest is paid individually for each balance tier, and the account’s overall annual percentage yield (APY) is the average of the interest paid at each balance tier equaling a blended APY. If the account is closed before interest is credited, you will receive the accrued interest for that period.

2An excessive withdrawal fee of $10 will be charged for each nonexempt withdrawal or transfer in excess of six per month or statement cycle of at least four weeks, as applicable. The following withdrawals and transfers are exempt from this limitation: withdrawals or transfers made at an ATM, made in person at a teller window, requested by U.S. postal mail, made for purposes of making payments on Cadence Bank loans, made in person to initiate a wire transfer, and made by telephone or fax where a check is mailed directly to the account holder.

3Unlimited Bill Pay is $9.99 per month.

4Business Online Banking is required to receive an online statement.

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