Money Market Account

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There's a simple way to enhance your savings strategy 

Lean into an attractive combination of higher earnings and total security with our Money Markets 

Easy to start
Open a Money Market Account¹ with as little as $100.
Reach for your magic number
You'll start earning interest when your balance reaches $2,500. There is a 30-day grace period to get to the $2,500 balance.
Watch your savings grow
With tiered interest rates, larger balances can earn interest at higher rates.
Stay in full control
Make unlimited deposits and access your funds anytime.

A safer savings alternative

A Money Market Account is like a higher-earning savings account that pays interest on a regular basis. Because funds are safe, secure and accessible anytime, these accounts are popular when you want to build an emergency fund, save for a specific purchase or balance your portfolio without taking on investment risks.

  • Unlimited in-person withdrawals and transfers
  • Overdraft Transfer available
  • Wire Transfer Service available
  • Money Market deposits up to $250,000 insured by Federal Deposit Insurance Corporation (FDIC)

FAQs

For contact information, including phone numbers, email addresses, and online inquiries, please visit our "Contact Us" page. You can also call us at 833-275-2228, or visit us at one of our locations. To find a location click here.

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Watch your savings grow.

View All Rates
Premium Money Market Account
2.47%
APY2
7 month CD
4.15%
APY2
Christmas Club Account
3.50%
APY2
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1 Interest rate and annual percentage yield may change. At our discretion, we may change the interest rate daily. Fees may reduce earnings.

2 APY = Annual Percentage Yield.

All promotional offers, products and services offered by Carter Bank are subject to updates, modifications and/or termination at any time.

 

Carter Bank is a full-service financial institution with locations throughout Virginia and North Carolina.

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