Vantage Bank Texas - Business Banking - Business Savings and CDs

Business Money Market

Keep your cash reserves safe and productive with our money market account tailored specially for business customers. Earn more in interest with greater balances while maintaining ready access to your money when you need it.

Features and Benefits

Tired interest rates
No monthly service fee when you maintain the minimum balance*
Access to funds 24/7 through ATM or online banking⁽¹⁾
Link your checking account to your money market account for overdraft protection⁽¹⁰⁾

Account Details

Minimum to Open:
$2,500.00

Minimum Balance Requirement:
$2,500.00
*If your average balance falls below $2,500.00 on any given day during the statement cycle, you will be charged a $10.00 service fee.

Transaction fees:
A debit transaction fee of $10.00 will be charged for each withdrawal in excess of SIX (6) non-covered transactions during a statement cycle.

To open an account today or for additional information please visit your local branch or call 1-210-408-5700, toll free 1-866-580-7262.

Disclosures
(1) Other service fees may apply.
(2) For additional fees, refer to our Common Features disclosure.
(3) For additional information on the terms and conditions pertaining to this account, refer to our Terms and Conditions disclosure.
(4) For additional information on electronic funds transfers, refer to our Electronic Funds Transfer (EFT) disclosure.
(5) There is no minimum withdrawal.
(6) Federal Regulation Disclosure on Transaction Limitations on Savings Accounts and Money Market Deposit Accounts: During any month (4-week period), not more than SIX (6) non-covered withdrawals or transfers to another Bank account or to a third party may be made by means of a pre-authorized, automatic transfer or telephonic order or instruction, whether initiated by check, draft, debit card, or similar order to a third party. This transaction limitation includes online banking account transfers and bill payments. The Bank is required to take steps to prevent excessive transactions.
(7) Federal Regulation Excessive Transactions on Savings Accounts and Money Market Deposit Accounts: Withdrawals or transfers by mail, in person at one of our offices, and through an ATM are unlimited and are not subject to the SIX (6) non-covered transfers or withdrawals limitations. Transfers or withdrawals in excess of the SIX (6) transfers or withdrawals limitation as described may be subject to an excess transaction fee or account service fee. Customers who continue to exceed these limits after being contacted by the Bank, requires that either the account be closed or that the account be changed to a transaction account that the customer is eligible to maintain. Other service fees may apply.
(8) Deposits may not be available for immediate withdrawal, subject to bank regulations pertaining to check collection schedules and holds on deposited items.
(9)Accounts are covered by FDIC insurance up to the maximum allowed by law.
(10) This service may be a less expensive alternative than the payment of overdraft or non-sufficient funds fees, please ask financial services representative for more details.

Regulation D Transaction Limitations Reference Table

Non-Limited Transactions:

Deposits
ATM cash withdrawals and ATM account-to-account transfers
Transfers made in person at a Bank office/ branch
Automatic transfers to repay a Bank loan
Withdrawals made in person, by mail, or by messenger at the Bank office/ branch

Limited to SIX (6) Transactions per Month:

Checks, point-of-sales (POS) transactions or debit card purchases
Automatic transfers to another deposit account at the Bank
Automatic transfers to a third party or another institution
Online banking transfers and bill payments
Telephone transfers, including telephone banking, and those initiated by phone call, fax or e-mail through a Bank representative.