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Business reward money market savings

Recommended for large businesses with over $100,000 in First Republic Bank checking accounts

  • A business money market savings account with tiered interest rates
  • No monthly maintenance fee

Key Benefits

  • Client earns competitive tiered interest rates compounded daily
  • Client can have a Deposit Only ATM Card linked to this account
    • This account functions as a savings account when linked to a Deposit Only ATM Card

Things to Consider

  • Minimum opening balance: $250,000
  • Client must have $100,000 in First Republic DDA Checking Accounts
    • If this balance falls below $100,000 the Business Money Market Checking Account rate will be earned
  • No monthly maintenance fee
  • Client has limited transfer capabilities on the account
    • Unlimited deposits, transfers into the account per statement cycle
    • Withdrawals and transfers out of the account limited to 3 per statement cycle
    • Account is subject to all other Reg D transaction limitations
      • Excessive check writing will cause the account to be closed or the account type to be changed
  • Excessive Transaction Fee of $25.00 per occurrence, for transactions in excess of three per statement cycle
  • Business Information Form should be completed
  • This account functions as a savings account when linked to a Deposit only ATM Card
    • This account is not eligible for an ATM or ATM/Debit Card. Complete ATM Business Eligibility can be found in the Preferred Banking Offices Procedure Manual

Account disclosure (PDF)

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