Business Money Market

Put your savings to work.

Business Money Market 101

Our Business Money Market account rewards you with balance-based dividends and easy, anytime access to your money via transfers, checks, or limitless cash withdrawals. It's the perfect hybrid (checking and saving) account, designed for the business owner on the rise.

Some spend money to make money. Others save it.

If you’re serious about growing your savings, our Business Money Market account has the potential to earn more dividends than any savings account. Plus, the higher your balance, the more you’ll earn. All it takes is a minimum opening deposit of $10,000 to start growing the savings that will build your legacy.

Business Money Market Rates

Type Dividend Rate APY* Balances Dividends Compounded Dividends Credited
Type:
Business Money Market | $10,000.00 - $49,999.99
Dividend Rate:
0.150%
APY*:
0.15%
Balances:
$10,000.00 Minimum Opening Deposit
Dividends Compounded:
Monthly
Dividends Credited:
Monthly
Type:
Business Money Market | $50,000.00- $99,999.99
Dividend Rate:
0.150%
APY*:
0.15%
Balances:
$10,000.00 Minimum Opening Deposit
Dividends Compounded:
Monthly
Dividends Credited:
Monthly
Type:
Business Money Market | $100,000 +
Dividend Rate:
0.150%
APY*:
0.15%
Balances:
$10,000.00 Minimum Opening Deposit
Dividends Compounded:
Monthly
Dividends Credited:
Monthly

*APY = Annual Percentage Yield. Early Withdrawal Penalty Fees could reduce earnings. Penalties will/may be imposed for early withdrawal on time accounts.

The Business Money Market and Business Premium Money Market are tiered accounts. Dividend rates for a particular tier, as disclosed above, will apply to the entire account balance once the minimum daily balance reaches the balance range for that tier.

The fee cycle for all accounts subject to the minimum daily balance requirement begins on the first day of the month and ends on the last day of the month. The minimum balance must be maintained in the account each day during the fee cycle to avoid the fee.

Business Money Market Benefits

Let’s team up

Our business services team is here to support you and everything you do. Anytime you need to talk shop, reach out directly to us at 931.436.9088 or email us at businessservices@forteracu.com.


We travel for business

On the road or at the conference, keep your money close with our mobile app and online banking.

Your network just got bigger

Our business members enjoy access to credit union branches and ATMs all around the world — surcharge-free. Learn more about how to find a Fortera-friendly credit union near you.

Save more earn more

Money still doesn’t grow on trees, but Fortera savings accounts do collect dividends quarterly. (Dividends are our version of interest, or in other words, free money.)

Goal setting made simple

Our skilled experts are easy to reach and happy to help. For members and non-members alike, meetings and consultations are always free, so make the most of your money, on us.

Rest easy

With us, your money is always protected and insured by the National Credit Union Administration. You’re covered on all deposits up to $250,000, so save away.

Statements that save

....Trees, space, and worry. Always enjoy access to 18 months worth of e-statements. Keep more trees, toss your file cabinet, and know your info is always safe and sound.

Get growing

Put your savings to work for your business today. Reach out, and we’ll get in touch to talk next steps.

Take our card. If you're creative and courageous, you're our kind of person.

  • Phone: 931.431.6800
  • Email: businessservices@forteracu.com

Need a hand?

That's what we are here for. Give us a call and let's chat face-to-face.

What is a Business Money Market Account?
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A Business Money Market Account is a savings account that is a hybrid between savings and checking accounts in that it earns higher dividends, like savings, but allows members access to their funds easily by transfer or by check.

Who is eligible to open a Business Money Market Account?
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To be able to open a Business Money Market, you must meet the following eligibility requirements: (1) You must be 18 years of age or older (2) You must live, work, worship, or attend school in one of our service regions; join an affiliated partner, or have an immediate family member who is a Fortera member. Our service regions include Montgomery, Stewart, Chester, Decatur, Lewis, McNairy, and Perry counties in Tennessee or Christian, Trigg, Todd, McLean, and Webster counties in Kentucky. Residents of other counties in Tennessee, Kentucky, Alabama, and Arkansas may also be eligible. (3) You must have a Share Savings Account to establish Fortera Credit Union Membership. (4) You must be a business owner.

Can I add additional deposits to the Business Money Market Account?
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Yes! Deposits may be added at anytime in any amount.

What documents do I need to open the Business Money Market Account?
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To verify your identity, we always ask that you come prepared with a government-issued ID. It is important that it is not expired. Examples of acceptable IDs include a State Driver's License or a U.S or Foreign Passport. If we have trouble validating your ID, we may ask for a secondary ID. If you have a question about whether or not an ID can be used, just text us at 931.431.6800 or chat with us at forteracu.com. Please click here for full list of the documents you will need.

How much does it cost to open a Business Money Market Account?
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It costs $10,000 to open a Money Market Account. $10,000 is the required account minimum balance.

What are dividends and how do they work for the Business Money Market Account?
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Dividends are extra money that your account earns just by being open and meeting our minimum account dividend earning value. The Business Money Market Account earns dividends monthly as long as your account has at least $10,000 deposited in it. It is just another way we like to say thank you to our members for trusting us with your hard-earned "dough". To learn more about what the current dividend rate is and our other savings accounts that earn dividends, please see our Rate and Fee Disclosure.

Can I open the Business Money Market Account online or do I need to open it at a branch location?
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You do need to call us or come into a branch to open this account. We are working toward having easy online applications soon. In the meantime, please call us at 931.431.6800, email us at businessservices@forteracu.com, or schedule an appointment to open an account.

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Business Essential & Gold Checking

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Business Share Savings

Open your Business Share Savings account with only $25, and become a member and part-owner. And that’s just the start.

What's New

Nitty, gritty, and super important.

Fine print is your friend. When you have a minute, give these a good read:
Business Member Service Agreement
View PDF
Business Rate and Fee Disclosure
View PDF