Money Market Savings Accounts

The flexibility of a checking account with the earning power of a savings account. Our Money Marketing savings accounts earn higher interest than a standard savings account, but still allow you to withdraw and transfer money¹ monthly.

START OPENING A MONEY MARKET Talk to a Banker

Why Choose a Money Market Savings Account?

Money Market Savings accounts offer more flexible options compared to other savings accounts or CDs . These accounts earn a higher interest but allow you to withdraw and transfer money¹ with less restrictions. You can also write checks with a Money Market Savings account.

Compare Money Market Savings Accounts

RiverWood Bank offers several different types of Money Market Savings accounts.

Account Type	Money Market Account	Reward Market Account	High Yield Money Market Account
Yield	High	Higher	Highest
Check Writing?	Yes	Yes	Yes
Bonus Rate² for Reward Checking Customers	None	Yes	None
Minimum to Avoid Monthly Service Charge	$2,500	$2,500	$25,000
Withdrawals	Six free withdrawals per month. $2.00 each thereafter Up to 6 preauthorized transfers per month¹	Six free withdrawals per month. $2.00 each thereafter Up to 6 preauthorized transfers per month¹	Six free withdrawals per month. $2.00 each thereafter Up to 6 preauthorized transfers per month¹

¹ Preauthorized withdrawals or transfers are limited to a combined total of six per account cycle.

² Bonus rates cannot be combined with other special offers. Must open Reward Checking Account to obtain Reward Money Market rates.

Conveniently Apply Online.

START OpenING an Account

Don't Want to Apply Online?

Visit any RiverWood Bank location or call (888)751-5120 to speak with a banker.

Money Market Savings

Earn higher interest without limited access to your money. Our Money Market savings account allows you to earn more interest, while still being able to withdraw and transfer money¹ monthly.

Earns daily interest, paid monthly
$2,500 minimum daily ledger balance required
$20 monthly if minimum balance not maintained
Competitive, tiered rates paid on daily collected balance
Monthly statements, combined statements available
Withdrawals or transfers available by check, in person, at an ATM, through RiverWood Bankline, Online Banking, or an electronic (ACH) transaction¹
Six free withdrawals per month, then $2.00 each thereafter

Reward Money Market Savings

Our Reward Money Market savings account allows customers with a Reward Checking to earn a bonus rate.²

Earns daily interest, paid monthly (contact a banker for rates)
$2,500 minimum daily ledger balance required
$20 monthly if minimum balance not maintained
Competitive, tiered rates paid on daily collected balance
Monthly statements, combined statements available
Withdrawals or transfers available by check, in person, at an ATM, through RiverWood Bankline, Online Banking, or an electronic (ACH) transaction¹
Six free withdrawals per month, then $2.00 each thereafter
Reward Checking customers qualify for Reward Money Market Savings bonus rate.²

High Yield Money Market Savings

Our High Yield Money Market Savings allows you to generate higher interest on a larger opening balance.

Earns daily interest, paid monthly
$25,000 minimum daily ledger balance required
$30 monthly if minimum balance not maintained
Monthly statements, combined statements available
Withdrawals or transfers available by check, in person, at an ATM, through RiverWood Bankline, Online Banking, or an electronic (ACH) transaction¹
Six free withdrawals per month, then $2.00 each thereafter
Must have a RiverWood Bank checking account to qualify

Still Have Questions?

Find FAQs, routing numbers and online banking tutorials in our Education Center.

¹ Preauthorized withdrawals or transfers are limited to a combined total of six per account cycle.

² Bonus rates cannot be combined with other special offers. Must open Reward Checking Account to obtain Reward Money Market rates.