Compare Money Market Account Options

Depending on your savings levels and how much you need to access your funds, TowneBank offers two great Money Market account options. You can open either with a $50 opening deposit. Interest compounds daily on both. 

Towne Investor

Competitive rates with two interest tier levels.

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Towne Market Master

Earn more interest as your balance grows.

Get Started

Great for

Towne Investor

Building your savings! 

Towne Market Master

Convenient access to your savings with higher balances.

Interest Tier Levels

Towne Investor

$0-$2,499
$2,500 or more

Towne Market Master

$0-$9,999 
$10,000-$24,999 
$25,000-$49,999 
$50,000-$99,999 
$100,000 or more  

Minimum Balance Requirement

Towne Investor

No monthly maintenance fee with a $2,500 minimum daily balance

Towne Market Master

No monthly maintenance fee with a $10,000 minimum daily balance

Maintenance Fee

Towne Investor

$12 monthly fee if minimum not met

Towne Market Master

$20 if minimum daily balance is not met 

Transfers from Other Accounts

Towne Investor

Set up automatic transfers from your TowneBank checking account

Transfer funds from accounts you own at other banks or credit unions

Towne Market Master

Set up automatic transfers from your TowneBank checking account

Transfer funds from accounts you own at other banks or credit unions

All Accounts Include

  • Access to free Bill Pay

  • Deposit checks from anywhere with mobile deposit *^

  • Monitor account activity with email and text alerts ^

  • Turn your debit card on and off through online or mobile banking ^

  • Transfers funds between your TowneBank accounts with ease

  • Go paperless with monthly e-statements

  • Easily access your accounts with online and mobile banking ^

  • Track balances and monitor budgets with Money Management

^ Your mobile carrier's web access and text messaging charges may apply. Availability may be affected by your mobile carrier's coverage area.

* Mobile check deposit is subject to eligibility and further review. Deposits are subject to verification and not available for immediate withdrawal. Deposit limits and other restrictions apply. 

Transaction limitations apply to savings and money market accounts. The first six (6) monthly external transactions are included and a $10.00 fee applies for each additional external transaction. External transactions are transfers from a savings or money market account to third parties by check, through point-of sale purchase transactions or similar debit card transactions, by pre-authorized or automatic agreements through an automated clearing house (ACH), wires, telephone, online or similar order payable to a third person, or ATM withdrawals. Exceptions apply for bank-initiated transactions and transactions required for legal reason.