Personal Savings

Money Market Account

Designed for those who want to maximize their earnings without sacrificing flexibility, this account offers higher interest rates, so your money grows faster.

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Take your savings to the next level.

Enjoy the freedom to access your funds when you need them, along with the security of FDIC insurance and the convenience of check-writing privileges. Whether you’re building a nest egg, saving for a major purchase, or simply looking to get more out of your money, our Money Market Account is the smart choice for savvy savers.

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Interest

Interest is tiered and is credited monthly

$50

Minimum balance to open this savings account

$12

Monthly fee, if your daily balance falls below $2500 during the month

6

6 withdrawals or transfers from your account every month.

If you happen to exceed 6 withdrawals, a $6 fee per withdrawal will apply

More details about Money Market Account.

Earn interest on a tiered format based on average daily balance:

$0 – $24,999.99
$25,000.00 – $99,999.99
$100,000.00 – $249,999.99
$250,000.00 – $499,999.99
$500,000.00 – $999,999.99
$1,000,000.00 and over

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Which account is right for you?

Account

Interest

Minimum to Open

Monthly Service Charge

Regular Savings

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Interest: N/A

Minimum to Open: $50

Monthly Fees: $8.00 (if your daily balance during the month falls below $100)

Student Savings

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Interest: N/A

Minimum to Open: $50

Monthly Fees: $0 (Before the age of 18)

HSA Accounts

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Interest: On the average daily balance

Minimum to Open: $50

Monthly Fees: $0

Money Market Account

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Interest: Tiered

Minimum to Open: $50

Monthly Fees: $0 (with a minimum daily balance of $2,500)

Certificates of Deposit

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Interest: N/A

Minimum to Open: N/A

Monthly Fees: N/A

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Colony Bank offers a wide array of services to support you, from personal banking solutions to specialized lending options. Whatever your financial needs, we will help you every step of the way.