Business Banking

Commercial Money Market Account

SLB offers a money market account that provides a competitive rate of interest while allowing immediate access to your funds. It pays a higher rate of interest than the NOW account. Interest is accrued on a daily collected balance and is credited and compounded monthly.

• Minimum opening balance $5000.00
• Monthly service charge of $10.00 if the balance falls below the $5000.00 minimum
• Minimum balance to avoid service charge $5000.00

Transaction limitations are set by federal regulations. You are limited to 6 transfers per month to another account with us or to a third party by means of a pre-authorized, automatic, or telephone arrangement. No more than 3 of these may be by check to a third party.