Make your high balance work harder
Looking for a savings account that rewards your larger balance? The FVSBank Premium Money Market account offers high-yield returns, flexibility, and full access to your funds – without locking your money away. Whether you’re saving for the future or want to earn more on your idle funds, this account is built for you.
Why choose a premium money market?
✅ Higher balances earn higher rates – The more you save, the more you earn
✅ Competitive, tiered interest rates – Maximize your return with every dollar
✅ No monthly fee – Maintain a $50,000 minimum daily balance to avoid the $10 monthly statement fee
✅ Flexible access – Make deposits anytime or set up direct deposit
✅ Interest compounded and credited monthly – Watch your savings grow, cycle after cycle
✅ Full digital access – Manage your account from anywhere with online banking, mobile banking, and eStatements✅ FDIC insured – Your funds are safe and secure
Account Details
- $50,000 minimum deposit to open
- Waive the $10 monthly statement fee by maintaining $50,000 minimum daily balance
- Tiered interest structure to reward higher balances
- Interest compounded and credited each monthly statement cycle
- Digital Banking access
What is a money market account for large balances?
A money market account for large balances is a type of savings account that typically requires a minimum balance of $50,000 or more. These accounts often offer higher interest rates than traditional savings accounts, making them a great option for those looking to grow their savings.
How does an FVSBank money market account for large balances differ from a traditional savings account?
An FVSBank money market account for large balances typically offers higher interest rates than traditional savings accounts, making it a great option for those with a large amount of savings. Additionally, these accounts may offer additional features like check-writing privileges.
Are FVSBank money market accounts for large balances FDIC-insured?
Yes, FVSBank money market accounts for large balances are FDIC-insured up to $250,000 per depositor.
Can I withdraw money from my FVSBank money market account for large balances at any time?
Yes, you can usually withdraw money from your FVSBank money market account for large balances at any time.
How often does interest accrue on an FVSBank money market account for large balances?
Interest on an FVSBank money market account for large balances typically accrues daily and is paid out monthly or quarterly, depending on the account terms.
What is the minimum balance requirement for an FVSBank money market account for large balances?
The minimum balance requirement for an FVSBank premium money market account for large balances is $50,000 or more.
Can I make withdrawals from my FVSBank money market account for large balances using a debit card?
Yes, a debit card can be issued for this account type.
Are there any fees associated with FVSBank money market accounts for large balances?
Some FVSBank money market accounts for large balances may have monthly maintenance fees or other fees associated with certain transactions. Be sure to check with FVSBank to understand any fees associated with your account.