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Embrace Financial Success with Money Market Savings

Destined to achieve something better? We get that. Our user-friendly money market savings account earns competitive interest and features a modest minimum balance.

Invest in Your Future – Today.

Put your savings to work with a higher interest rate and enjoy easy depositing, transferring and withdrawing with money market savings. Complete with a modest minimum balance and a competitive interest rate, this account makes saving (and earning interest) simple.

Let’s Go

Money Market Savings Account Rates1

Accurate as of Monday, January 30, 2023
With our money market accounts, we bring the competitive interest rates and you earn on your dollars. Like peanut butter and jelly, we go together perfectly.
Interest Rate Annual Percentage Yield (APY) Minimum to Open Minimum to Earn APY
Interest Rate0.20% Annual Percentage Yield (APY)0.20% Minimum to Open$500 Minimum to Earn APY$500 - $24,999.99
Interest Rate0.25% Annual Percentage Yield (APY)0.25% Minimum to Open$500 Minimum to Earn APY$25,000 - $99,999.99
Interest Rate0.45% Annual Percentage Yield (APY)0.45% Minimum to Open$500 Minimum to Earn APY$100,000 - $249,999.99
Interest Rate0.65% Annual Percentage Yield (APY)0.65% Minimum to Open$500 Minimum to Earn APY$250,000 - $499,999.99
Interest Rate1.00% Annual Percentage Yield (APY)1.00% Minimum to Open$500 Minimum to Earn APY$500,000 - $999,999.99
Interest Rate1.20% Annual Percentage Yield (APY)1.20% Minimum to Open$500 Minimum to Earn APY$1,000,000+

Which Account Is Right for Me? Let’s Compare Options.

All Gate City Bank savings accounts come with exclusive benefits of better earning, including:
  • Competitive interest rates
  • Low minimum deposit requirements to open
  • Seamlessly deposit, transfer or withdraw funds in person or electronically
  • Easily enable Simply Save to round up your purchase from a specified checking account and add it automatically to your savings account!
Features Regular Savings Relationship Savings Money Market Savings Minor Savings Coverdell Education Savings
Get started. Open This Account Open This Account Open This Account
Minimum to Open $50 $50 $500 None $100
Minimum to Earn APY1 $200 $100 $500 None $100
Higher Interest Rates Available Not Included. Included. Included. Not Included. Not Included.
FREE Checks Not Included. Not Included. Included. Not Included. Not Included.
Tax-Free Interest Option2 Not Included. Not Included. Not Included. Not Included. Included.
Learn more. Account Details Account Details Account Details Account Details Account Details
  • Regular Savings

  • Relationship Savings

  • Money Market Savings

  • Minor Savings

    • Minimum to Open None
    • Minimum to Earn APY1 None
    • Higher Interest Rates Available Not Included.
    • FREE Checks Not Included.
    • Tax-Free Interest Option2 Not Included.
    • Account Details
  • Coverdell Education Savings

    • Minimum to Open $100
    • Minimum to Earn APY1 $100
    • Higher Interest Rates Available Not Included.
    • FREE Checks Not Included.
    • Tax-Free Interest Option2 Included.
    • Account Details

More Savings Options for Your Tomorrow.

woman in kitchen holds coffee and uses phone to enjoy a low minimum account balance

Relationship Savings

Interested in a savings account that offers no fees, competitive interest rates and a lower minimum balance? Our relationship savings account may be the perfect option for you!

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Regular Savings

Looking for a savings account that’s perfect for your walk of life? Our regular savings option features no fees, competitive interest rates and a low minimum balance.

father and young son sit together and open the best savings account for kids

Minor Savings

Looking for a savings account that’s perfect for kids of any age? Our user-friendly minor savings option features no fees, competitive interest rates and no minimum balance.

couple gazes at phone to learn more about the Coverdell Education Savings account

Coverdell Education Savings

Saving for post-secondary schooling? Our Coverdell Education Savings account features tax-free interest and a low minimum balance.

1 Maintain the minimum daily balance to maintain the disclosed annual percentage yield. The interest rate and annual percentage yield are accurate as of the effective date shown above only, and are subject to change without notice, at Gate City Bank’s discretion. Fees could reduce earnings on the account.

2 Consult with a tax professional to understand what impact CESA may have on your tax situation.