Business Money Market
Higher balances earn higher returns in a business money market account
Overview and Benefits
A business money market account lets you earn a higher rate on your funds while maintaining liquidity.
Royal offers two versions: our standard Business Money Market account and our Business Indexed Money Market account - see details and rates for each below.
Both offer competitive dividend rates, the ability to write checks, and flexible access to your business funds whenever you need them. Both also offer the features below.
Security And Flexibility
- Safe, secure investment that avoids market risks
- No minimum investment period
- Flexible access to the full balance at any time
Money Market Account Perks
- Checks available on request
- No monthly maintenance fee
- No minimum balance
Top Technology Features
- Free, secure online banking and mobile app
- Real-time transaction and balance alerts
- 24x7 access to our rcu.org virtual assistant
Get Answers Anytime
- Easy access to our team of business banking experts
- Personalized advice and recommendations
Business Money Market
Our standard Business Money Market account offers several rate tiers, so the more you save, the more you earn!
Business Indexed Money Market Account
Take your business savings to the next level with our Business Indexed Money Market account. This account offers a competitive, index-based dividend rate while keeping your funds accessible. When you have $50,000 or more in the account, your business receives an exclusive rate that is indexed on the 3-month US Treasury rate.
Royal's Business Indexed Money Market account offers the same great benefits as our standard business Money Market including no minimum opening balance, no monthly fees, check-writing, and full access to funds.
Gamra Composites a Royal Credit Union Business Member
Frequently Asked Questions
What Business Money Market accounts does Royal Credit Union offer?
Royal Credit Union offers two Business Money Market accounts: the standard Business Money Market account and the Business Indexed Money Market account. Both offer competitive dividend rates, the ability to write checks, and flexible access to your business funds whenever you need them. There is no minimum balance, no monthly maintenance fee, and no minimum investment period on either account.
What is Royal’s Business Indexed Money Market account?
The Business Indexed Money Market account offers a rate that is based on the 3-month US Treasury rate minus a margin. When you have $50,000 or more in the account, you receive the exclusive indexed rate. The rate is subject to change monthly, and the maximum APY will not exceed 5%.
Are there fees on Royal’s Business Money Market accounts?
No. There is no monthly maintenance fee and no minimum balance requirement on either Business Money Market account at Royal Credit Union. Checks are also available on request at no charge.
Can I access my funds in a Business Money Market account at any time?
Yes. Both the standard Business Money Market and Business Indexed Money Market accounts offer flexible access to the full balance at any time. There is no minimum investment period, and funds remain a safe, secure investment that avoids market risks.
How do I choose between the standard and indexed Business Money Market accounts?
The standard Business Money Market uses tiered rates that reward higher balances incrementally. The Business Indexed Money Market is ideal for businesses with $50,000 or more, offering a rate indexed to the 3-month US Treasury rate. Both accounts include the same features such as no fees, check-writing, and full access to funds.
By The Numbers
Royal is proud to serve businesses of all sizes! Large or small, we have your business banking needs covered.
10,000+
Business Members trust Royal with their business banking needs
27
Convenient office locations across Wisconsin and Minnesota
100%
Access to your money using our digital tools and 40,000+ surcharge free ATMs nationwide
