Business Lion's Share Money FundThe Lion's Share Money Fund account earns mutual fund rates with FDIC insurance. The rate is based on an external index of the average returns of over 1,000 taxable money funds. Deposits of $10,000 and greater will earn interest. - Interest is compounded daily and credited monthly.
- Our tiered rate structure allows you to earn more interest as your balance grows.
- A $25,000 minimum balance is required to avoid a $10 monthly service charge fee.
- Over-the-counter withdrawals are unlimited.
- You may have a combination of six of the following types of transactions per statement cycle: checks, drafts, debit cards, or similar order made payable to third parties, telephone and online banking transfers, pre-authorized debits and transfers to another account with us.
- Funds may be transferred from your company's money market to checking to cover overdrafts.
- The Automatic Savings Plan may be used with this account.
To learn more about CashSuite™ or to get to know your own Private Business Banker , contact our Private Business Banking Division to set up a meeting today or give us a call at 410-224-4475. (By the way, switching banks to BankAnnapolis is easy. We do all the work!) Check current business deposit rates.
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