Business Charitable Money Market (BCMMA)

Support your community while growing your business savings with competitive rates and seamless access when you open a business money market account.

Business Charitable Money Market Account (BCMMA) in Wisconsin & Minnesota

As a business owner, imagine an account that not only helps you grow your savings but also gives back to the community. The Business Charitable Money Market Account (BCMMA) at Forward Bank, serving Wisconsin and Minnesota, offers just that—combining competitive interest rates with the flexibility of a checking account while supporting local charities. With every account, we donate a percentage of your average balance to the charitable organization of your choice, ensuring that your business plays a role in community development while managing its financial growth.

Since the BCMMA’s introduction, we’ve proudly contributed over $2.2 million to over 400 organizations, thanks to businesses like yours. Save with purpose and make a difference today.

Features of the business charitable money market account:

  • No minimum to open: Start your account with no initial deposit required.
  • Monthly $5 fee: Waived if your average balance stays above $100.
  • Interest posted monthly: Earn interest on balances over $100, credited each month.
  • Free debit card: Access your funds with no additional fees.
  • Charitable donations: The bank donates 0.10% of your average balance to a nonprofit of your choice, at no cost to you.
  • Withdrawal limits: Up to six pre-authorized withdrawals or transfers per month.
  • Business digital banking: Manage your business accounts easily with online and mobile banking for business.
  • Overdraft Protection: Optional overdraft protection to keep your account in good standing.

Choose from over 400 organizations to designate as your charity and see how your business savings can make an impact in the community.

Business Charitable Money Market Account (BCMMA) Interest Rates

Business Charitable Money Market Account (BCMMA) Interest Rates
Minimum to OpenInterest Rate APY** Minimum to Earn APY**
Minimum to Open$0Interest Rate0.35 APY**0.35 Minimum to Earn APY** $100
Minimum to Open$0Interest Rate 0.70 APY** 0.70 Minimum to Earn APY** $50,000
Minimum to Open$0Interest Rate 0.85 APY** 0.85 Minimum to Earn APY** $100,000
Minimum to Open$0Interest Rate1.20 APY**1.20 Minimum to Earn APY** $250,000
Minimum to Open$0Interest Rate1.35 APY**1.35 Minimum to Earn APY** $1,000,000

These interest rates are subject to change without advance notice.
APY assumes interest is added to account.
Term Certificates of Deposit and IRA’s may be subject to early withdrawal penalty.
**APY=Annual Percentage Yield.
*Rates could change after account is opened.

Moving Your Business Forward

By choosing the Business Charitable Money Market Account, you’re making a smart financial move for your business while giving back to the community. With competitive interest rates, seamless digital banking for business, and contributions to local charities, this account helps you grow your savings with purpose. Plus, your funds are FDIC insured, providing security alongside flexibility. Open your BCMMA today and start saving with confidence, knowing your business’s financial future is protected and you’re making a positive impact.

Choose the Best Business Savings Account for You

  • Business Statement Savings
  • BCMMA
  • Minimum to Open
  • Monthly Fee
  • Monthly Transactions
  • Interest Rate
  • Minimum Balance to Earn Interest
  • Debit/ATM Card
  • Digital Banking
  • Overdraft Protection

Insurance and Investment products are *Not FDIC Insured *No Bank Guarantee *May Lose Value *Not Insured by Any Federal Government Agency *Not a Deposit