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Opening a Money Market Account

After selecting Money Market Account from the New Account Open Options screen, the flow goes directly to the funding form — there is one Money Market Account type available.

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Step 1 — Money Market Account Open Options (blank form)

The Money Market Account Open Options screen shows the selected account details at the top and a Fund your new money market account section below:
FieldDetail
APY0.01%
Interest Rate0.01%
Minimum Balance$250.00
Fill in:
  • Select funding account — choose which account to fund from
  • Funding amount — must meet or exceed the $250.00 minimum balance
  • Terms and Conditions — check the box to accept before submitting
Money Market Account Open Options — blank form showing Money Market Account (APY 0.01%, Interest Rate 0.01%, Minimum Balance $250.00) with Select funding account dropdown, Funding amount field, and Terms and Conditions checkbox

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Step 2 — Select account and enter amount

Pick a funding account from the dropdown. The account name, masked account number, and current balance are displayed so you can confirm the right source is selected. Enter the opening deposit (minimum $250.00) and check I accept the Terms and Conditions. Money Market Account Open Options — Internal Savings ****59905 (Balance $3,595.42) selected, Funding amount $1,000.00, Terms and Conditions checked Click Submit when ready.

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Step 3 — Transfer Authorization

A Transfer Authorization modal appears with a full summary before anything is submitted:
FieldWhat it shows
AccountMoney Market Account
Funding SourceMasked account number of the source account
Funding AmountThe opening deposit amount
APY0.01%
Interest Rate0.01%
Transfer Authorization modal — Money Market Account, Funding Source: Internal Savings ****59905, Funding Amount $1,000.00, APY 0.01%, Interest Rate 0.01% Click Submit to confirm, or Cancel to go back and make changes.

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Step 4 — Success

A Success confirmation modal confirms the money market account has been funded. Success modal — Your money market account has been funded successfully. Money Market Account: Funding Source Internal Savings ****59905, Funding Amount $1,000.00, APY 0.01%, Interest Rate 0.01% Click Close to return to the dashboard. The new money market account will appear immediately in the online banking account list. Note Money Market Accounts require a minimum opening balance of $250.00. If the funding amount entered is below this threshold, the form will not allow submission. Rates and minimums are set by the institution and may vary.