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Money Market Accounts


Earn Higher Interest With a Money Market Account

When you want to earn a higher rate of interest but you need to have your funds accessible to you, consider a BankGloucester Money Market Account. BankGloucester currently offers three types of Money Market Accounts


Premier PLUS Money Market Account

Our Premier Plus Money Market Account offers competitive rates. Because these rates are variable, they are subject to change without prior notice.

Market interest rates with rate tiers. Click here to view rates and tiers

  • Minimum opening balance of $10,000.00
  • No monthly service charge fee
  • Combined statement
  • FREE - ATM transactions at BankGloucester ATM's
  • 24/7 access to your account with FREE - Online banking & Telephone banking
  • FREE - Direct Deposit and ACH Debits (combined statement)
  • Check writing feature
  • Unlimited over-the-counter withdrawals and transfers

The Premier Plus Money Market Account is a bundled account and requires that you have, or open, a BankGloucester checking account. Limitations exist on the number and type of withdrawals and transfers.


Premier Money Market Account

If you'd like to earn a higher interest rate, comparable to a certificate of deposit, while maintaining the total availability of your funds, and the feature of limited check writing, then our Premier Money Market Account is for you.

Market interest rates with rate tiers. Click here to view rates and tiers

  • Minimum opening balance of $10,000.00
  • No monthly service charge fee
  • Unlimited over-the-counter withdrawals and transfers
  • Check writing feature

Limitations exist on the number and type of withdrawals and transfers


Personal Money Market Account

Our Personal Money Market Account offers competitive rates. Because these rates are variable, they are subject to change without notice.

Market interest rates with rate tiers. Click here to view rates and tiers

  • Minimum opening balance of $1,000.00
  • No monthly service charge fee
  • Competitive interest rates
  • Unlimited over-the-counter withdrawals and transfers
  • Check writing feature

Limitations exist on the number and type of withdrawals and transfers.


Rates and Disclosures

Rates Effective: November 23, 2020

*APY:: Annual Percentage Yield

Rates & Tiers

Type Minimum Deposit to Open Account Minimum Balance to Earn APY* Interest Rate APY* Compounding Frequency
Premier Plus Money Market $10,000
Tier 7 $1,000,000.00 and over 0.50% 0.50% Daily
Tier 6 $500,000.00 - $999,999.99 0.35% 0.35% Daily
Tier 5 $250,000.00 - $499,999.99 0.35% 0.35% Daily
Tier 4 $100,000.00 -$249,999.99 0.15% 0.15% Daily
Tier 3 $50,000 - $99,999.99 0.15% 0.15% Daily
Tier 2 $10,000.00 - $49,999.99 0.15% 0.15% Daily
Tier 1 $0.01 - $9,999.99 0.15% 0.15% Daily
Premier Money Market $10,000
Tier 4 $50,000.00 and over 0.15% 0.15% Daily
Tier 3 $25,000.00 - $49,999.99 0.15% 0.15% Daily
Tier 2 $10,000.00 - $24999.99 0.15% 0.15% Daily
Tier 1 $0.01 - $9999.99 0.15% 0.15% Daily
Personal Money Market $1,000.00
Tier 2 $1,000 and over 0.10% 0.10% Daily
Tier 1 $0.01 - $999.99 0.10% 0.10% Daily

Rates may change after the account is opened. Fees could reduce earnings.