M1 Bank offers Money Market accounts that are right for you. Our Money Market accounts offer you financial protection in an interest-bearing account that allows you to save while also putting your money to work for you.
All Accounts Include
- Free Online Banking
- Free eStatements
- Free Mobile Banking
- Free checks for 55+
- Competitive Interest Rates*
*Interest rates are subject to change at any time
M1 Money Market
Additional Account Features
- Minimum Open Deposit $1,000
- $10 quarterly service charge if balance is <$1,000
- Interest accrued daily and paid monthly
- Unlimited in-person withdrawals**
**During any month, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party.
M1 Preferred Money Market
Additional Account Features
- Minimum Open Deposit $50,000
- $35 quarterly service charge if balance is <$50,000
- Interest accrued daily and paid monthly
- Unlimited in-person withdrawals**
**During any month, you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party.
