Business Banking
Commercial Money Market Account
Managing liquidity is essential to running a strong business. TCB Commercial Money Market gives your operating reserves the opportunity to grow through competitive, tiered interest rates while preserving easy access when you need it. It’s a strategic way to balance earning potential with day-to-day flexibility.
Earns Interest
Earn interest at competitive market rates on your balance when you maintain a minimum daily balance of $5,000.
Tiered Interest Rates
Enjoy tiered interest rates that reward higher balances, the larger your balance, the better your rate.
Minimum Opening Deposit
Open your account quickly and easily in-branch with a minimum opening balance of just $5,000.
Earn interest on your account balance.
With a TCB Commercial Money Market account, your money works as hard as you do. Earn interest on balances over $5,000, helping you grow your funds while enjoying the flexibility of a money market account. Whether you're saving for the future or planning your next big move, your money goes further. Stay in control of your finances with easy access to your funds, competitive rates, and the confidence of banking with a team that puts you first.
Easy ways to waive this account's monthly maintenance fee.
You can avoid the $15 monthly maintenance fee by meeting one of the following criteria:
- The account is a public funds or non-profit account.
- Being enrolled in e-statements during each statement cycle.
- OR maintaining a minimum daily balance of $5,000 during the statement cycle.
Do more with digital.
View your current balances
Quickly see an up-to-date snapshot of all your account balances in one convenient place. Stay informed about your finances at a glance.
Manage ACH & Tax payments
Initiate ACH debits and credits directly from your account. Process payroll, vendor payments, and tax filings seamlessly in one platform.
Accept payments your way
Get paid faster with tap to pay, payment links, or scheduled invoices. Offer clients flexible payment options that work for your business.
Deposit checks from anywhere
Conveniently deposit checks using your phone, even multiple checks in a single session. Save time by banking from anywhere.
Take control of your bills
Easily manage and pay your bills in one place. Schedule payments, set up recurring transactions, and avoid late fees with a few simple clicks.
Control user access & permissions
Manage your team and define who can access digital banking features. Set client permissions to keep your accounts more secure and operations running smoothly.
More Features.
More Possibilities.
Banking should work for you, not the other way around. With our enhanced account features you have what you need to do more.
Send Money Instantly
Send and receive wires, originate ACH payments, and access powerful treasury tools with just a few taps, managing your business finances effortlessly.
Manage Users & Access
Control your team and define who can access digital banking features, setting custom permissions to keep accounts secure and operations running smoothly.
View External Accounts
TCB TotalView lets you link and see all your external accounts right from our app, providing a 360-degree view of your financial picture.
Positive Pay
Help protect your accounts from check fraud with positive pay by reducing unauthorized payments and keeping your funds safe.
Cash Management
Link your accounts to automate sweeps and zero balance arrangements, optimizing cash flow and ensuring funds are exactly where you need them.
Advanced Fraud Monitoring
Bank with peace of mind! Your account comes with advanced fraud monitoring, defending your money and personal information around the clock.
Custom Account Alerts
Stay in the know! Set up custom account alerts to monitor your activity and balances, so you're just a click away from what's happening with your money.
Client Service
Our exceptional client service team is here to help, ready to provide the personalized support you deserve.
Frequently Asked Questions
What is the Commercial Money Market Account?
TCB Commercial Money Market is a high-yield business cash reserve account that combines competitive interest rates with easy access to your funds. It’s ideal for businesses looking to maximize returns on reserve cash while maintaining liquidity for strategic needs.
Does Commercial Money Market earn interest?
Yes — your account earns interest at competitive market rates when you maintain a minimum daily balance of $5,000. Higher balances earn higher rates through tiered pricing. The rate is variable and may change at any time, helping your business funds grow while staying accessible.
What is the minimum balance required to open a TCB Commercial Money Market account?
The minimum balance required to open a TCB Commercial Money Market account is $5,000.
How can I avoid the monthly maintenance fee for the TCB Commercial Money Market account?
You can avoid the $15 monthly maintenance fee by meeting one of the following criteria: the account is a public funds or non-profit account, being enrolled in e-statements during each statement cycle, or maintaining a minimum daily balance of $5,000 during the statement cycle.
Are there transaction limits on this account?
No, there are no transaction limits on the Commercial Money Market account. However, it’s designed as a cash reserve account for holding funds that earn competitive interest. If you need to conduct frequent transactions, a Commercial Checking account may be a better fit for your business needs.
How do I open a Commercial Money Market Account?
You can open an account at any TCB Branch. We’ll help set up your digital banking access, treasury management tools, and user permissions so your team can start managing business finances efficiently right away.
What are the benefits of the TCB Commercial Money Market account?
The TCB Commercial Money Market account offers several benefits, including tiered interest rates that increase with higher balances, no transaction limits, flexible access to your funds, and full integration with digital banking and treasury management tools for seamless cash reserve management.