Open a Money Market Account with TAB Bank

Your Hard-Earned Money Can Accumulate, Grow and Remain Accessible to You!

Climbing graph with money showing an increase.

Are you ready to start using your money to make more money?

If so, we are here to guide you through the process and help you grow your wealth. When you open a money market account with TAB Bank, we invest your money in low-risk and short-term securities so it can grow without any heavy lifting on your part and you have access when you need it.

Take advantage of our money market account benefits and rewards, which include:

  • Great Rates
  • No monthly maintenance fees
  • Low opening minimum deposit
  • Online & mobile banking access
  • Easy access and management of funds
  • FDIC insured to protect your money*
Teacher writing on the whiteboard

What is a Money Market Account?

A money market account is a savings account that earns a higher interest than your typical savings account.

Easy Access, Great Rates

WATCH YOUR MONEY GROW WITHOUT LOCKING IT UP!

Minimum Daily BalanceAnnual Percentage YieldMin. Deposit to Open
$0.010.25%$25.00

Rates effective as of April 11, 2026.

Interest rates and annual percentage yield (APY) may change at any time, at TAB’s discretion, without notice. Transactional or other fees could reduce the earnings on the account.

* The standard deposit insurance amount is $250,000 per depositor, per FDIC-insured bank, per ownership category (learn more).

What are the Pros and Cons of a Money Market Account? 

As with everything, there are advantages and disadvantages to a money market account. Review this list to see if a money market account with TAB Bank is the right choice for you.

What are the Pros of a Money Market Account? 

Money market accounts typically earn a higher interest rate than savings accounts. This is because we invest your money into liquid short-term or low-risk securities. As these investments earn, your money earns, all while being accessible to you.

Our money market accounts are safe places to park your money. When you open a Money Market account you can rest easy knowing it is FDIC Insured.*

Your money market account is intended to be a savings account that allows your money to grow. We understand however, that life happens, and sometimes you might need to access this money. Our money market accounts provide you with the benefits of a savings account, supplemented with easy accessibility.

Your money market account with TAB Bank comes with our highly acclaimed online banking platform. You can make withdrawals, write checks, and make transfers involving this account within the monthly transaction limit.

What are the Cons of a Money Market Account? 

Money market account rates are not a fixed, they are variable. It varies based on the market performance. This means it could go low, just as it could go high.

We’ve made it simple to open a money market account online.

Step 1: Your basic identifying information (required for opening an account by law)

Step 2: The minimum required deposit to open a money market account ($25.00)

Step 3: Verification of information and funds

Step 4: Agreement for the terms of the account

Commonly Asked Questions About
Money Market Accounts 

Click to learn more about each item