These accounts are a good choice for individuals who want to save money and earn a higher rate of return than traditional savings accounts while remaining a low-risk investment option. Money market accounts offer more flexibility than certificates of deposit (CDs), allowing you to easily withdraw money without incurring a penalty.
MVP Money Market Account (MVP MMA)
Minimum $10,000 to open. $10 monthly service charge if available balance falls below $10,000.
Balance
Interest Rate
APY*
0 - $9,999
0.010%
0.01%
$10,000 - $49,999
1.590%
1.60%
$50,000 - $149,999
2.470%
2.50%
$150,000 - $499,999
2.570%
2.60%
$500,000 - $999,999
2.720%
2.75%
$1,000,000 and Above
2.960%
3.00%
Money Market Account (MMA)
Minimum $1,000 to open. $10 monthly service charge if available balance falls below $1,000.
Rates last updated on 11/08/2024. Rates are subject to change without notice.
* Your stated APY (Annual Percentage Yield) is variable and may change at any time at the discretion of Nicolet National Bank. The disclosed APY assumes that interest will remain on deposit. Fees could reduce earnings and APY. Interest is compounded monthly. Interest is credited to your account monthly. We use the daily balance method to calculate the interest earned on your account. The daily balance method applies a daily periodic rate to the account balance each day.
A separate Nicolet National Bank checking account with direct deposit of payroll or social security is required in order to qualify for an MVP Money Market account.
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