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

Minimum balance fee, if your daily balance falls below $2500 any day during the month

6

6 withdrawals or transfers from your account every month.

If you happen to exceed 6 withdrawals or transfers, a $6 activity fee per withdrawal or transfer 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
Savings Account
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Interest: N/A
Minimum to Open: $50
Monthly Fees: $10 Minimum balance fee, if your daily balance falls below $200 any day during the month
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: $12 minimum balance fee if your balance falls below $2500 any day during the month
Certificates of Deposit
Open Account
Interest: N/A
Minimum to Open: $500
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.