Money Market Deposit Account

Get a higher rate of interest. The bigger your balance, the more interest you earn.

A great alternative to a statement savings or interest checking account, our Money Market Deposit Account combines high money market interest with FDIC insurance. And you'll avoid a monthly service charge with just a $2,500 minimum average daily balance.

Plus, convenient anytime access to all your accounts

  • Free Northwest Visa Debit Card
  • Bank free at more than 55,000+ ATMs worldwide
  • Deposit money using an automatic deposit ATM
  • Check writing
  • Monthly statements
  • Bankline, 24/7 automated telephone banking
  • Direct Deposit
  • Unlimited in-office and ATM transactions

Premium Money Market Deposit Account Rate Specials
Product
APY
Minimum Balance Requirement
Product: MMDA Balance Tier
APY: 0.50%
Minimum Balance Requirement: Up to $4,999.99
Product: MMDA Balance Tier
APY: 1.00%
Minimum Balance Requirement: $5,000.00 - $49,999.99
Product: MMDA Balance Tier
APY: 1.10%
Minimum Balance Requirement: $50,000.00 - $99,999.99
Product: MMDA Balance Tier
APY: 1.25%
Minimum Balance Requirement: $100,000.00 - $249,999.99
Product: MMDA Balance Tier
APY: 1.75%
Minimum Balance Requirement: $250,000.00 - $4,999,999.99
Product: MMDA Balance Tier
APY: 1.75%
Minimum Balance Requirement: $5,000,000.00 and over

*Offer may be withdrawn or changed without notice. Eligible for new and existing MMDA customers. In order to obtain the disclosed APY, you must deposit $10,000.00 in New Money not currently on deposit with Northwest Bank. New Money is defined as money that has not been on deposit in a Northwest account within the past 30 days. Fees and withdrawals could reduce earnings on the account. Checking and savings accounts are variable rate accounts and the interest rate and Annual Percentage Yield (APY) may change after the account is opened. See bank for complete details. Northwest Bank is Member FDIC. THESE RATES ARE NOT ELIGIBLE FOR ACCOUNTS OPENED ONLINE.

*You may make six (6) transfers from your account each four (4) week or similar period by preauthorized or automatic transfer, telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions) made by you and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or an ATM are unlimited.