Money Market Investment Account

Maximize your earning potential with a savings account that does more for you. Plus, you don’t have to lock up funds in CDs to enjoy high rates. In fact, access is enhanced with limited check writing. Have the best of both worlds — interest and liquidity — with a versatile Money Market account from Flanagan State Bank.

Contact us or visit your nearest location to open a Money Market Investment Account!

Current Rates

Rates effective as of 08/22/2023.
*APY = Annual Percentage Yield
**Interest rate is variable and may change after the account is opened.
See account disclosures for additional account information.

PLEASE NOTE:  APY assumes interest remains on deposit.  A withdrawal or fees could reduce earnings.  A penalty will be imposed for early withdrawal.  Rate changes are made at the Bank’s discretion.  Rates are subject to change without notice.

Money Market Investment Account

TypeMinimum Deposit to OpenMinimum Deposit to Open and Obtain APY*Variable Interest RateAPY*Interest FrequencyEarly Withdrawal Penalty
Money Market**$2,500Less than $10,000.000.22%0.22%Quarterlynone
$10,000.00 - $24,999.990.35%0.35%Quarterlynone
$25,000.00 - $49,999.990.50%0.50%Quarterlynone
$50,000 and Over0.65%0.65%Quarterlynone

Benefits of a Money Market Account

  • Maintain a $1,000.00 minimum balance to avoid the $5.00 quarterly service charge
  • Higher balances earn higher rates
  • to increase savings quickly
  • Free quarterly bank statement without images
  • Free e-statements
  • Free online banking and bill pay, and mobile banking
  • Interest is credited quarterly
  • $1,000.00 minimum opening deposit
  • During any month you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized transfer or automatic transfer, telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party.
  • More than six transactions a month may result in your account being converted to a checking account.
  • A fee of $1.00 will be charged for each withdrawal in excess of eighteen withdrawals during the quarter.


Find the best money market accounts in Central Illinois!

At Flanagan State Bank, we believe we’re one family helping another. You’ll find that our Money Market Investment accounts come with the personalized service you’ve come to expect from a community bank. As our customer, you can expect to feel valued by a bank that strives to be an asset to our communities and to treat everyone like they matter–because you do. Visit one of our Central Illinois Locations or call in to your local branch to learn more.  Set up a new account consultation or apply for your new account via the simple and secure portal below!

Apply For A New Account