Why choose a Money Market account?

Higher interest rate

Earn a higher interest rate compared to traditional savings accounts.

Easily access your money

As long as you maintain the minimum balance, there are no early withdrawl fees.

Securely grow your money at a stable rate

Money Market Accounts will grow at an established rate , and depositors are insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000.

Free services included with every savings account

  • Online & Mobile Banking
  • Mobile Deposit
  • Debit or ATM only card
  • Bill Pay
  • Direct deposit and auto debit
  • eStatements and combined statements

Money Market Account

This account is a higher yielding investment account offering a higher interest rate that increases at different balance amounts.

  • $2,500 minimum balance
  • $10.00 per month service charge if balance falls below $2,500
  • Tiered interest rates credited monthly

To open a Money Market Account, please visit a local NBM office.

Master Money Market Account

Higher yielding investment account with higher minimum balance.

  • $50,000 minimum balance
  • $25.00 service charge per month if balance falls below $50,000.
  • Tiered interest rates credited monthly

To open a Money Market Account, please visit a local NBM office.

Money Market

  • Minimum $100.00 to open
  • Minimum $2,500.00 balance to avoid service charge
  • Fees could reduce the earnings on the account
  • Rates are variable and may change after account is opened
Rates accurate as of 05/01/2024 and may change at any time.
*APY = Annual Percentage Yield.
APY* Interest Rate Balance to earn APY advertised
0.40% 0.40% >$500,000.00
0.30% 0.30% $150,000.00 – $499,999.99
0.15% 0.15% $50,000.00 – $149,999.99
0.10% 0.10% $25,000.00 – $49,999.99
0.05% 0.05% $0 – $24,999.99

To open your new NBM account, we will need the following information.

  • Social Security number and date of birth for all individuals on the account
  • Phone number and email address
  • Physical address (no post office boxes)
  • Debit card or account for funding the initial deposit for your new account
  • License or passport information for all individuals on the account
  • School information if you are a student

Please note:

  • An early closure fee may apply (on accounts open less than one year)
  • Other fees and charges may apply

NBM Mobile App

24/7 access to your Money Market Accounts

WIth the NBM Mobile App, access your Money Market Accounts to view balances, view account history and more!

NBM Mobile App