Available nationwide, the Paramount Bank Business Money Market is offering 2.25% APY on your business funds.
Paramount Bank Business Money Market Review
Paramount Bank (MO) is headquartered in Hazelwood and is the 187th largest bank in the state of Missouri. It is also the 4,053rd largest bank in the nation. It was established in 2004 and as of June of 2022, it had grown to 84 employees at 1 location. Paramount Bank (MO)’s money market rates are 3X the national average, and it has a C+ health rating.
I’ll review Paramount Bank Business Money Market account below.
Paramount Bank Business Money Market Rate
To earn Paramount Bank’s competitive rate, simply open a new account with a $100 opening deposit amount.
- What you’ll get: 2.25% APY
- Eligible account: Business Money Market
- Credit inquiry: Hard Pull or Soft Pull? Let us know.
- Where it’s available: Nationwide (Locator)
- Opening Deposit: $0
- Monthly fee: $20 waived with $5K minimum balance
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
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| Robinhood Gold | 3.25% APY | Review |
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How to Earn Rate
- Open a Business Money Market account
- Input your info – Provide your name, address, phone, email and social security number or Tax ID
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank
- Earn 2.25% APY
| Balance Requirement | APY Rate |
| $0.01 | 2.25% APY |
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Conclusion
If you’re looking to open a business interest bearing account, here’s an account that offers a great rate.
For more options, compare this account with our list of the best bank rates for savings/money market accounts here, business savings accounts here, and CD rates here.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Let us know about your experience with this bank and comment below.
