FirstMerit Business Money Market Accounts

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FirstMerit Business Money Market Accounts

As businesspeople ourselves, we know how important it is to keep your cash reserves working for you. Earn high market returns on your cash reserves without giving up easy access, liquidity or FDIC insurance.

FirstMerit Business Market Index Account Get the best of both worlds — money market returns with the security of FDIC insurance. For the current rate information please call FirstMerit Customer Contact Center at 1-888-554-4362, in the Akron area please call 330-996-6025. Yield on balances over $15,000 is determined weekly, based on the Money Fund Report Averages/All Taxable 7-Day Simple Yield Balances $50,000 and over yield the index rate Balances $15,000-$49,999 yield the index rate less 50 basis points Check writing capability — up to three checks per month² Free initial order of money market checks Unlimited transactions at FirstMerit teller counters and ATMs FirstMerit ATM card available FDIC insured¹ Minimum daily balance of $3000 to avoid account fee Free Online Banking Balance can be used to offset Business Checking & Business Checking Plus maintenance fee		FirstMerit Business Access Money Market Account A high-yielding and liquid insured investment with limited check writing ability. Earn interest on all balances Higher balances may earn higher interest Check writing capability² Unlimited transactions at FirstMerit locations FDIC insured¹ Minimum daily balance of $5000 to avoid account fee Free Online Banking Balance can be used to offset Business Checking & Business Checking Plus maintenance fee

¹ FDIC Insured up to allowable limit ² Federal regulations restrict you to six pre-authorized electronic or Online Banking transfers per cycle, including no more than three checks. The law allows unlimited withdrawals at our teller counters and ATMs. A charge will be assessed for each pre-authorized transfer exceeding six per statement cycle (or checks exceeding three per cycle). Exceeding these restrictions may result in the permanent reclassification or closing of your account.