Online Money Market Deposit Account

With our competitive interest rate, the safety of FDIC insurance, and flexibility to access cash at any time, you can earn with ease.

5.26
%
APY1
for balances $2,500 and over
Start Saving

Withdrawals

Keep your money within reach with simple online banking.

FDIC Insured

Federal government protection for peace of mind.

HIGH Deposit LIMIT

With a limit of $1,000,000.00, we make saving easy.

No Maintenance  Fees

Your savings are free to grow.2

What will you get?

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Our Money Market account brings it all together — the convenience of a checking account with the income-generating benefit of a traditional savings account.

Open your account in minutes

Click Below

Begin your fast and secure online application.

Enter Your Information

A social security or tax ID is required.

Transfer Your Funds

Use an online bank account or simply mail us a check.

What will you get?

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Questions?

We’re here to help answer any questions you may have.

Call Us: (888) 682-2881

Monday - Friday

8:30 am to 5:00 pm ET

(Closed on weekends and Federal Holidays)

Learn More: Visit our Frequently Asked Questions

Frequently Asked Questions

What is a Money Market account?

Money Market accounts offer easy access to your cash — similar to a checkings account — with the added benefit of earning interest. Withdrawal limits apply.

What are the restrictions of a Money Market account?

Unlike a traditional checking account, Money Market account withdrawals are limited to six transactions per month.

Can I withdraw money from a TotalBank Money Market account without penalty?

Yes, you can make up to six withdrawals per month without penalties. After six transactions, a $10.00 excessive transaction fee will be applied to all proceeding transactions.

What is the minimum and maximum balance for a TotalBank money market account?

For an online Money Market account, the minimum deposit to open an account is $25,000. The minimum balance to earn the advertised APY is $2,500 and the maximum balance allowed per client is $1,000,000.

Can I lose my money in a money market account?

All Money Market deposits are FDIC insured up to $250,000 set by the Federal government. https://www.fdic.gov/deposit/deposits/faq.html

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