Interest Bearing Business Money Market Account

  • Business
  • Checking
  • Interest Bearing Business Money Market Account
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Boost Your Earnings With Tiered Interest Rates

Enjoy higher interest rates while maintaining easy access to your business funds. A smart solution for growing your reserves.

Contact your local branch to get started.

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Rates

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View Business Money Market Rates

BUSINESS MONEY MARKET

Avg Daily Balance required to obtain advertised APY Interest Rate Annual Percentage Yield (APY) Minimum Opening Deposit
2,500.00 - 49,999.99 0.70% 0.70% $200.00
50,000.00 - 499,999.99 2.10% 2.12% $200.00
500,000.00 - 999,999.99 2.25% 2.27% $200.00
1,000,000.00 and above 2.30% 2.32% $200.00

The account listed above is a variable rate account and the advertised rates, APYs, and Balance Tiers may change after the account is opened. Fees could reduce the earnings on an account. Please refer to the Truth in Savings Disclosures for each account, which are available upon request, for additional account details. The interest rates and APYs are accurate as of October 9, 2024 for the Region 1 branches of CNB Bank & Trust, N.A. only. Region 1 includes: Carlinville, Hillsboro, Litchfield, Taylorville, and Virden. Member of the Federal Deposit Insurance Corporation and the Community.

BUSINESS MONEY MARKET

Avg Daily Balance required to obtain advertised APY Interest Rate Annual Percentage Yield (APY) Minimum Opening Deposit
2,500.00 - 49,999.99 0.70% 0.70% $200.00
50,000.00 - 499,999.99 2.10% 2.12% $200.00
500,000.00 - 999,999.99 2.25% 2.27% $200.00
1,000,000.00 and above 2.30% 2.32% $200.00

The account listed above is a variable rate account and the advertised rates, APYs, and Balance Tiers may change after the account is opened. Fees could reduce the earnings on an account. Please refer to the Truth in Savings Disclosures for each account, which are available upon request, for additional account details. The interest rates and APYs are accurate as of October 9, 2024 for the Region 2 branches of CNB Bank & Trust, N.A. only. Region 2 includes: Brighton, Carrollton, Chapin, Jacksonville, Jerseyville, and Pittsfield. Member of the Federal Deposit Insurance Corporation and the Community.

BUSINESS MONEY MARKET

Avg Daily Balance required to obtain advertised APY Interest Rate Annual Percentage Yield (APY) Minimum Opening Deposit
2,500.00 - 49,999.99 0.80% 0.80% $200.00
50,000.00 - 499,999.99 2.20% 2.22% $200.00
500,000.00 - 999,999.99 2.35% 2.38% $200.00
1,000,000.00 and above 3.05% 3.09% $200.00

 

The account listed above is a variable rate account and the advertised rates, APYs, and Balance Tiers may change after the account is opened. Fees could reduce the earnings on an account. Please refer to the Truth in Savings Disclosures for each account, which are available upon request, for additional account details. The interest rates and APYs are accurate as of May 1, 2024 for the Region 3 branches of CNB Bank & Trust, N.A. only. Region 3 includes: Oak Forest, Palos Heights, and Tinley Park. Member of the Federal Deposit Insurance Corporation and the Community.

BUSINESS MONEY MARKET

Avg Daily Balance required to obtain advertised APY Interest Rate Annual Percentage Yield (APY) Minimum Opening Deposit
2,500.00 - 49,999.99 0.70% 0.70% $200.00
50,000.00 - 499,999.99 2.10% 2.12% $200.00
500,000.00 - 999,999.99 2.25% 2.27% $200.00
1,000,000.00 and above 2.30% 2.32% $200.00

The account listed above is a variable rate account and the advertised rates, APYs, and Balance Tiers may change after the account is opened. Fees could reduce the earnings on an account. Please refer to the Truth in Savings Disclosures for each account, which are available upon request, for additional account details. The interest rates and APYs are accurate as of October 9, 2024 for the Region 4 branches of CNB Bank & Trust, N.A. only. Region 4 includes: Alton, Clayton, and Edwardsville/Glen Carbon. Member of the Federal Deposit Insurance Corporation and the Community.

 

Account Requirements

  • Interest Tiers:
    • $2,500.00 - $49,999.99
    • $50,000.00 - $499,999.99
    • $500,000.00 - $999,999.99
    • $1,000,000.00 and above
  • Minimum Opening Deposit $200.00
  • $2,500.00 Minimum Balance requirement to avoid monthly minimum balance fee of $20.00
  • No additional charge for the first 6 withdrawals or transfers. Anything over 6 will assess $15.00 per transaction
  • Covered transactions are limited to 6 per statement cycle. (Refer to Account Disclosure for more details)
  • Transfers to pay debts to the bank are permitted without limitation
  • Minimum Balance Requirement to earn interest $2,500.00
  • Monthly Paper Statements - With Check Images
  • FREE eStatements
  • FREE QuickBooks® Upload

Disclosure: The use of Cash Management Services will transition account to Account Analysis upon advance notification

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Business Banking Services & Additional Products

Overdraft Services

Overdraft Protection applies to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account you may have at CNB Bank & Trust, N.A. for a fee.

Overdraft Privilege allows you to overdraw your account up to the disclosed limit for a fee to pay a transaction. Even if you have Overdraft Protection, Overdraft Privilege is still available as a secondary coverage if the other protection source is exhausted. Please review the Overdraft Coverage Options disclosure for other important information.

Extended Overdraft Privilege grants the same coverage as the standard and adds ATM and debit card transactions.

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Treasury Management

CNB Bank & Trust, N.A. understands the complexities of managing finances for businesses. Our knowledgeable team works closely with businesses to understand their unique needs, provide customized solutions to help them reach their financial goals, and effectively manage their cash flow, liquidity, and risk.

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Beneficial Ownership Filing

CNB Bank & Trust, N.A. and Wolters Kluwer are partnering to help small businesses file Beneficial Ownership Information Reports.

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Please Select Your Local Branch

Branches
  • Alton
  • Brighton
  • Carlinville
  • Carrollton
  • Chapin
  • Clayton, MO
  • Edwardsville / Glen Carbon
  • Hillsboro
  • Jacksonville
  • Jerseyville
  • Litchfield
  • Oak Forest
  • Palos Heights
  • Pittsfield
  • Taylorville
  • Tinley Park
  • Virden
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