A Chemung Canal variable rate Business Money Market account combines the convenience of check writing with a competitive tiered money market interest rate.
- Provides tiered money market interest rates on funds that are federally insured
- Minimum $1,000 deposit to open
- Minimum daily ledger balance to earn interest is $25,000
- Write up to six (6) checks per calendar month free of charge ($3 is charged for each additional check paid)
- Unlimited withdrawals if made in person, at a Chemung Canal ATM or via automatic payment of Chemung Canal Trust Company loans
Account Deposit Solutions
If your business hours make it difficult to reach one of our offices, we have deposit solutions that may help you.
- With the use of a check scanner and your computer, Remote Deposit Capture will allow you to process your check deposits electronically right from your office to Chemung Canal. Extended hours will provide you with additional time for same-day deposit processing
Our Night Deposit service offers you a safe, secure way to ensure your money is in the bank. We can open your night deposit and fully process your deposit, or we can hold your bag until your authorized representative comes into the office to process the deposit