Money Markets

Building capital is essential to prepare for expansion or the unexpected. TowneBank Money Market accounts offer competitive interest rates on savings with easy access to your funds.

Cashflow Investor

  • $2,500 minimum daily balance
  • $50 minimum opening balance
  • Interest compounded daily
  • 2 interest rate tiers 
  • $12 monthly maintenance fee if minimum not met
  • 6 pre-authorized withdrawals, automatic, or telephone transfers, checks, drafts & debit card or other similar transactions per statement cycle.
  • $15 fee per transfer/withdrawal after 6 transactions

 

Cashflow Market Master

  • $10,000 minimum daily balance
  • $50 minimum opening balance
  • Interest compounds daily on collected balance
  • 5 interest rate tiers for higher balances 
  • $20 monthly maintenance fee if minimum not met.
  • 6 pre-authorized withdrawals, automatic, or telephone transfers, checks, drafts & debit card or other similar transactions per statement cycle.
  • $15 fee per transfer/withdrawal after 6 transactions