Grow Your Savings with

Flexibility and Higher Earning Potential

At First Reliance Bank, we understand the importance of strategic financial management for your business. Whether you’re building robust working capital, planning for future investments, or seeking a secure and reliable vehicle for substantial funds, our Money Market options offer a smart and dependable solution to help your business thrive.

First Reliance Bank/Business/Business Banking/Business Savings Accounts/Business Money Market Account

What is a Money Market Account?

A Money Market Account is a type of savings account that typically earns higher interest than a traditional savings account while still offering convenient access to your funds. It’s ideal for customers who want to grow their savings without locking money away in a long-term investment. With tiered interest rates, the more you save, the more you earn—making it a smart choice for individuals, families, or businesses looking to optimize their savings strategy.

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Why Choose a First Reliance Money Market Account?

At First Reliance Bank, we’re committed to helping you live better financially. Our Money Market Accounts offer competitive features that work in your favor:

  • Tiered Interest Rates: Earn more as your balance grows.
  • Easy Access: Manage your money via online and mobile banking, ATM access, and telephone banking.
  • Flexibility: Make up to six transfers per month for convenient liquidity.
  • Security: Your deposits are FDIC insured up to applicable limits, giving you peace of mind.
  • Customer Support: Our team of dedicated banking professionals is always here to help you make the most of your account.

Whether you’re just starting to save or managing a large balance, First Reliance offers two strong options: the Money Market Account and the Premium Money Market Account. Both accounts reward higher balances with better rates, and both provide tools to support your financial goals.

Business Money Market Account

Earn market rates with less risk. Access your account via Mobile Banking, Online Banking, or Telephone Banking. And build your savings systematically with recurring transfers between accounts via Automatic Funds Transfers. You can use your Premium Money Market Account to grow funds you receive from CD interest, Social Security payments, and more.

Minimums:

  • $1,000 minimum opening deposit
  • Monthly balance $1,000

Features:

  • Tiered interest at money market rates based on your daily balance
  • Competitive yields
  • $10 monthly fee, for any month in which your balance falls below $10,000
  • Interest compounded and credited monthly
  • Automatic savings with regular transfers from your First Reliance checking account
  • FDIC insured up to $250,000
Apply Now
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Start Growing Your Savings Today

With a First Reliance Money Market Account, your money can do more for you—earning interest while remaining within reach. Whether you’re saving for tomorrow or looking for a smart place to store funds you may need soon, our accounts are built to provide flexibility, security, and growth.

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Join First Reliance Today

Ready to get started?

Visit one of our convenient branch locations (link to locations page) or apply online today. It’s fast, secure, and backed by a team that’s here to help you every step of the way.

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