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Money Market Accounts

Smart Saving with Every Transaction.

When you need competitive interest rates, check-writing convenience, and flexible transactions, our Money Market Accounts offer it all. This blend of accessibility and benefits provides access to unlimited withdrawals, competitive interest rates, eStatements, and more – designed to help you save like no other.

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Features

  • Unlimited withdrawals for transactions made in person, at an ATM, or when linked to automatic payments on a Canal Bank loan
  • Minimum deposit of $1,000 to open
  • Tiered-interest-rate account, based on your daily ledger balance – the higher your balance, the more you can earn
  • eStatements for convenient financial tracking
  • Six checks per month OR six auto-debited transactions
  • No interest paid on daily ledger balances below $1,000
  • Monthly service charge of $10 if daily ledger balance is less than $1,000


Are you ready to start saving like no other? Contact us today to get started!

*Like all money market accounts, the interest rate is variable and can change after the account is opened. Fees can reduce account earnings.

Features

  • Unlimited withdrawals if made in person, at an ATM, or when linked to automatic payments on a Canal Bank loan
  • Minimum balance of $25,000 and a Canal Bank checking account required to open
  • Tiered-interest-rate account, based on your daily ledger balance – the higher your balance, the more you earn
  • Six checks per month OR six auto-debited transactions
  • Monthly statements, eStatements available
  • No interest paid on daily ledger balances below $1,000.
  • Monthly service charge of $15 if daily ledger balance is less than $25,000


For more information or to get started, contact a Canal Bank Money Market Account Specialist today!

*Like all money market accounts, the interest rate is variable and can change after the account is opened. Fees can reduce account earnings.
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