Maximize your savings with a Money Market Account.
If you want to get the most out of your savings, consider a Money Market Account. With a higher interest rate than a typical savings account, the more you save, the more you earn. It's an easy way to grow your savings and have access to cash for unexpected expenses.

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The more you save, the more you can earn.
Interest is compounded and paid monthly on collected balances.
Flexible access to your funds.
Up to six free withdrawals are permitted each statement month. Each additional withdrawal is just $5.
It's easy to start saving.
The minimum opening deposit is just $500.
Save on monthly fees.
The monthly maintenance fee is waived for the first 61 days after account opening and thereafter if the daily account balance of $2,500 is maintained. Otherwise, the monthly fee is only $12.
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Money Market Accounts: Frequently Asked Questions (FAQ)
The primary benefits of MMAs include:
- Higher Interest Rates: Typically offer higher interest rates compared to regular savings accounts.
- Liquidity: Easy access to funds through checks, debit cards and electronic transfers.
- Safety: Funds are insured by the FDIC up to the legal limit.
- Flexibility: Some check-writing capabilities and debit card access.
Opening an MMA typically involves the following steps:
- Application: Complete an application at one of our financial centers or by having a banker contact you.
- Identification: Provide necessary identification documents (e.g., driver’s license, Social Security number).
- Initial Deposit: Fund the account with the required minimum deposit.
Fees can vary by institution but may include:
- Monthly Maintenance Fees: Broadway Bank charges a $12 monthly fee if your balance falls below $2,500.
- Excessive Withdrawal Fees: Broadway Bank Charges $5 for exceeding the monthly withdrawal limit.
- ATM Fees: Fees for using out-of-network ATMs.