Money Market Accounts

Money Market Accounts

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
  • 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 compounded 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 compounded 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.