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Earn interest on your excess cash while still having access to your funds with an Alerus business savings or business advantage money market account.

Description
Business Advantage Money Market
Business Savings Account
Minimum Balance
none
none
Maintenence Fees
none
none
Interest Rate

Variable* - Tiers

Higher interest rate for larger balances

Compounded daily, paid monthly

Variable*

Pays interest on entire balance

Compounded daily, paid monthly

Deposits
Unlimited
Unlimited
Withdrawls

Unlimited if by mail, in person, or ATM

Up to 6 transfers/withdrawls per month by telephone or internet, preauthorized debit, automatic payment, or check

Unlimited if by mail, in person, or ATM

Up to 6 transfers/withdrawls per month by telephone or internet, preauthorized debit, or automatic payment

Statements
Monthly
Quarterly

Business Checking
Business Online
Small Business Connect

 

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