Business Money Market
Earn More on Larger Balances
With a Business Money Market account from ENB, you’ll earn higher interest rates on higher balances with our tiered rates. There’s no minimum balance requirement to earn interest and it’s easy to transfer funds in person, online, by phone, or by ATM*.
- $2,500 minimum deposit required to open
- $2,500 minimum balance required to avoid $10 monthly fee
- No minimum balance required to earn interest
- Tiered rates with higher yields on higher balances
- Eligible as Overdraft Protection on ENB Business Checking
- Access funds by check*, ATM, or in person at any ENB branch office
Balance Required to Obtain APY**
Interest Rate
APY
Balance Required to Obtain APY**: $0 to $9,999
Interest Rate: 0.25%
APY: 0.25%
Balance Required to Obtain APY**: $10,000 to $24,999
Interest Rate: 0.35%
APY: 0.35%
Balance Required to Obtain APY**: $25,000 to $49,999
Interest Rate: 0.45%
APY: 0.45%
Balance Required to Obtain APY**: $50,000 to $99,999
Interest Rate: 1.00%
APY: 1.00%
Balance Required to Obtain APY**: $100,000 to $249,999
Interest Rate: 1.00%
APY: 1.00%
Balance Required to Obtain APY**: $250,000 to $499,999
Interest Rate: 1.50%
APY: 1.51%
Balance Required to Obtain APY**: $500,000 to $999,999
Interest Rate: 1.50%
APY: 1.51%
Balance Required to Obtain APY**: $1,000,000 and up
Interest Rate: 2.50%
APY: 2.53%