Promotional Money Market Account (MMA)
4.60% APY*for the Money Market |
✓ Write checks ✓ Earn a great rate ✓ Withdraw funds when needed ✓ Call or text for customer service |
Open your Money Market Account in minutes!
Promotional Money Market Account (MMA)
Open your Money Market in minutes!
Want to visit in-person?
24/7 Online Account Access
Dedicated Concierge Customer Service
No Hidden Fees
Work with us to maximize your FDIC insurance coverage
24/7 Online Account Access
Dedicated concierge customer service
No hidden Fees
Work with us to maximize your FDIC coverage
5-Star Rating
for a 5-star experience.
Grand Ridge National Bank has been awarded the highest rating of 5 stars for safety, strength, and security from Bauer Financial, an independent bank rating organization. We’re proud to have received this award for 36 consecutive quarters.
5-Star Rating
for a 5-star experience.
Grand Ridge National Bank has been awarded the highest rating of 5 stars for safety, strength, and security from Bauer Financial, an independent bank rating organization. We’re proud to have received this award for 36 consecutive quarters.
Grand Ridge is a great bank for business. They are so easy to work with and I can always reach someone ASAP when I need to, unlike other banks.
I have banked with Grand Ridge National Bank for more than 7 years. […] Hands down the best bank in Chicagoland.
I’ll never go back to the big corporate banks after getting the local community bank experience at GRNB!
Do the Math.
Don’t just take our word for it.
Grand Ridge is a great bank for business. They are so easy to work with and I can always reach someone ASAP when I need to, unlike other banks.
Eliza Hamilton
I have banked with Grand Ridge National Bank for more than 7 years. […] Hands down the best bank in Chicagoland.
Erick Soderberg
I’ll never go back to the big corporate banks after getting the local community bank experience at GRNB!
Stephen Kray
Common Questions About Money Market Accounts (MMAs)
What is a money market account?
A money market account is a type of hybrid bank account that typically offers higher interest rates than traditional savings accounts. Money market accounts limit your monthly withdrawals and usually have a higher balance requirement than savings accounts.
Can I use a money market account for everyday transactions?
While you can withdraw money from a money market account, they are not typically used for everyday transactions. Instead, they are often used as a place to park money that you don’t need immediate access to but want to earn higher interest on. Book an appointment to learn more.
Are money market accounts FDIC Insured?
Yes, our money market accounts are FDIC insured up to at least $250,000 per depositor, per ownership category.
Can Grand Ridge Offer Higher FDIC Insurance on Larger Balances?
Yes, Grand Ridge National Bank is a member of the IntraFi Network. With IntraFi’s ICS & CDARS services we can provide multimillion-dollar FDIC insurance protection with the simplicity of working directly with us. Just ask for more details.
What are the main advantages of a money market account?
You can earn a great rate providing sustained growth without the risk of losing funds from market volatility. In addition, your funds are not locked in providing easy access to your money. At any time, you can write a check directly from your account or request a withdrawal at one of our branches.
So... what's the catch?
No catch! While we encourage you to experience boutique banking to the fullest by also opening a Premier Checking account, you do not need to sign up for any additional accounts or jump through hoops to get this amazing offer.
Common Questions About Money Market Accounts (MMAs)
What is a money market account?
A money market account is a type of hybrid bank account that typically offers higher interest rates than traditional savings accounts. Money market accounts limit your monthly withdrawals and usually have a higher balance requirement than savings accounts.
Can I use a money market account for everyday transactions?
While you can withdraw money from a money market account, they are not typically used for everyday transactions. Instead, they are often used as a place to park money that you don’t need immediate access to but want to earn higher interest on. Book an appointment to learn more.
Are money market accounts FDIC Insured?
Yes, our money market accounts are FDIC insured up to at least $250,000 per depositor, per ownership category.
Can Grand Ridge Offer Higher FDIC Insurance on Larger Balances?
Yes, Grand Ridge National Bank is a member of the IntraFi Network. With IntraFi’s ICS & CDARS services we can provide multimillion-dollar FDIC insurance protection with the simplicity of working directly with us. Just ask for more details.
What are the main advantages of a money market account?
You can earn a great rate providing sustained growth without the risk of losing funds from market volatility. In addition, your funds are not locked in providing easy access to your money. At any time, you can write a check directly from your account or request a withdrawal at one of our branches.
So... what's the catch?
No catch! While we encourage you to experience boutique banking to the fullest by also opening a Premier Checking account, you do not need to sign up for any additional accounts or jump through hoops to get this amazing offer.
An expert team of bankers
for a premier boutique banking experience.
Our goal is to be recognized for superior service and value by our customers. Our unrivaled commitment to financial strength, safety, and performance is what makes us stand out from the rest. You deserve the best in banking – contact us today!
An expert team of bankers
for a premier boutique banking experience.
Our goal is to be recognized for superior service and value by our customers. Our unrivaled commitment to financial strength, safety, and performance is what makes us stand out from the rest. You deserve the best in banking – contact us today!
Grand Ridge National Bank was founded on April 6, 1903. Over the past 100+ years, we’ve evolved from a small community bank to a premier boutique bank for individuals and businesses. We deliver the best financial services and products by an experienced top-tier team.
Grand Ridge National Bank was founded on April 6, 1903. Over the past 100+ years, we’ve evolved from a small community bank to a premier boutique bank for individuals and businesses. We deliver the best financial services and products by an experienced top-tier team.
* For the High-Yield Money Market account, as of 12/1/2024, the Annual Percentage Yield (APY) for the account is 4.60% for daily balances above $5,000. – Limited time offer which may be withdrawn at any time and cannot be combined with other offers. Promotion is for new customers to Grand Ridge National Bank who deposit new money. New money is defined as money that has not been previously held by any Grand Ridge National Bank location. Minimum balance to open this Money Market and earn stated APY is $5,000. The rate may change after the account is opened and fees could reduce the earnings on the account. There is a service charge fee of $5 for each debit transaction (withdrawal, check paid, automatic transfer or payment out of the account) in excess of three during a statement cycle. There is a $15 service charge if the account is closed within 6 months from the account opening.
