Money Market Accounts

Account Details

• No minimum to open
• $15 monthly maintenance fee when the average daily balance falls below $5,000
• Earn interest on account balances over $5,000 in the following tiers:
  • Tier 1 $5,000 - $49,999.99
  • Tier 2 $50,000 and over
• You must have an NBT Bank checking relationship to qualify.
• Certain transfers and withdrawals are limited to six per month.¹
• $10 excessive activity fee¹

¹Federal Banking regulations place limitations on certain transfers and withdrawals from savings and money market accounts. Withdrawals or transfers made by automatic, pre-authorized, telephonic agreement order, or instruction, check, draft, debit card, or similar order made from this account to other accounts or to third parties are restricted to no more than six per monitoring period. The monitoring period for all savings accounts except those tied to checking accounts with portfolio statements is monthly up to the quarterly statement date. Money market accounts and savings accounts with portfolio statement are monitored by statement cycle.

Features and Benefits

• NBT Bank Debit Card (Money Market Accounts can only be added as a secondary account)
• NBT Online Banker with Bill Pay
• NBT Bank Mobile Banking with Mobile Deposit

Statement Options

• eStatements
• Mailed Statements

Include all of your accounts on one easy-to-read statement with Combined Statements

Our Recommendations

If you like this service, NBT Bank would also recommend:

ICS, the Insured Cash Sweep^® service, is a smart, secure, and convenient way to safeguard your large deposits.

Account Details

• Earn interest and maintain peace of mind on balances larger than $250,000 by having multiple banks support your deposit needs, but you only have to maintain your relationship with one – NBT Bank.
  • Establish a Money Market Account at NBT Bank, deposit funds and sign ICS agreement.
  • Deposits are then sent to Money Market Deposit Accounts at other member institutions in amounts under the standard FDIC insurance maximum of $250,000.¹
• You will have the ability to withdraw funds up to six times per month.²
• Ask your local NBT Banker for details.

¹The standard FDIC insurance maximum is $250,000 per insured capacity, per bank.

²Federal Banking regulations place limitations on certain transfers and withdrawals from savings and money market accounts. Withdrawals or transfers made by automatic, pre-authorized, telephonic agreement order, or instruction, check, draft, debit card, or similar order made from this account to other accounts or to third parties are restricted to no more than six per monitoring period. The monitoring period for all savings accounts except those tied to checking accounts with portfolio statements is monthly up to the quarterly statement date.

Our Recommendations

If you like this service, NBT Bank would also recommend: