Business Money Market Accounts in Wisconsin & Minnesota
Support your community while growing your business savings with competitive rates and seamless access when you open a business money market account.
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Business Charitable Money Market Account (BCMMA) Features
As a business owner, imagine an account that not only helps you grow your savings but also gives back to the community. The Business Charitable Money Market Account (BCMMA) at Forward Bank, serving Wisconsin and Minnesota, offers just that—combining competitive interest rates with the flexibility of a checking account while supporting local charities. With every account, we donate a percentage of your average balance to the charitable organization of your choice, ensuring that your business plays a role in community development while managing its financial growth.
Since the BCMMA’s introduction, we’ve proudly contributed over $2.5 million to over 400 organizations, thanks to businesses like yours. Save with purpose and make a difference today.
- No minimum to open: Start your account with no initial deposit required.
- Monthly $5 fee: Waived if your average balance stays above $100.
- Interest posted monthly: Earn interest on balances over $100, credited each month.
- Free debit card: Access your funds with no additional fees.
- Charitable donations: The bank donates 0.10% of your average balance to a nonprofit of your choice, at no cost to you.
- Withdrawal limits: Up to six pre-authorized withdrawals or transfers per month.
- Business digital banking: Manage your business accounts easily with online and mobile banking for business.
- Overdraft Protection: Optional overdraft protection to keep your account in good standing.
Choose from over 400 organizations to designate as your charity and see how your business savings can make an impact in the community.
Money Market Rates
Account | Minimum to Open | Interest Rate | APY** | Minimum to Earn APY** |
---|---|---|---|---|
AccountBCMMA* | Minimum to Open$0 | Interest Rate0.35 | APY**0.35 | Minimum to Earn APY**$100 |
AccountBCMMA* | Minimum to Open$0 | Interest Rate0.70 | APY**0.70 | Minimum to Earn APY**$50,000 |
AccountBCMMA* | Minimum to Open$0 | Interest Rate0.85 | APY**0.85 | Minimum to Earn APY**$100,000 |
AccountBCMMA* | Minimum to Open$0 | Interest Rate1.20 | APY**1.20 | Minimum to Earn APY**$250,000 |
AccountBCMMA* | Minimum to Open$0 | Interest Rate1.35 | APY**1.36 | Minimum to Earn APY**$1,000,000 |