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Online Banking   |   Checking   |   Savings   |   Additional Services
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Money Market Savings

Money Market Savings Account
Receive 3.75% APY* on balances of $75,000 or more, with fast access to your savings and the security of FDIC insurance.
Open An Account Open a Money Market Savings Account
Open An Account Open a Money Market Savings Account
More Safety. More Security. More FDIC-Insurance.
Benefits | Account Details
  • Check writing privileges
  • Free Online Banking with BillPay
  • Sovereign ATM Card
  • Free telephone banking
  • No monthly maintenance fee when you maintain a $2,000 average daily balance (otherwise, $5)
  • Tiered interest rates with interest that accrues daily (see account details for rates)
  • FDIC insured
Upgrade to a Premier Money Market Savings Account
If you have a Premier Checking account, you can upgrade to a Premier Money Market Savings and be eligible for valuable money saving features. It's our way of thanking you for doing more of your banking with us.

Your Premier Money Market Savings will have:
  • No minimum balance requirement
  • No monthly fee
Additional benefits of a Premier Checking account:
  • Exclusive toll-free customer service number
  • .25% rate increase on eligible CDs
  • Additional .25% discount on new secured consumer loans with automatic payment from a Sovereign account**
  • No fee for money orders, official bank checks, and regular Traveler's Cheques
  • 50% discount on safety deposit box rentals
More Safety. More Security. More FDIC-Insurance.
Benefits | Account Details
  • Check writing privileges
  • Free Online Banking with BillPay
  • Sovereign ATM Card
  • Free telephone banking
  • No monthly maintenance fee when you maintain a $1,000 average daily balance (otherwise $10)
  • Tiered interest rates with interest that accrues daily, see account details for rates
  • FDIC insured
Upgrade to a Premier Money Market Savings Account
Receive even more benefits when you open a Money Market Savings with a Premier Checking account. It's our way of thanking you for doing more of your banking with us.

Your Premier Money Market Savings will have:
  • No minimum balance requirement
  • No monthly fee
Additional benefits of a Premier Checking account:
  • Exclusive toll-free customer service number
  • .25% rate increase on eligible CDs
  • Additional .25% discount on new secured consumer loans with automatic payment from a Sovereign account**
  • No fee for money orders, official bank checks, and regular Traveler's Cheques
  • 50% discount on safety deposit box rentals
More Safety. More Security. More FDIC-Insurance.
Benefits | Account Details
  • No monthly maintenance fee
  • No minimum balance requirement
  • Check writing privileges
  • Free Online Banking with BillPay
  • Sovereign ATM Card
  • Free telephone banking
  • Tiered interest rates with interest that accrues daily, see account details for rates
  • FDIC insured
Upgrade to a Premier Money Market Account
Receive even more benefits when you open a Money Market Savings with a Premier Checking account. It's our way of thanking you for doing more of your banking with us.

Your Premier Money Market Savings will have:
  • No minimum balance requirement
  • No monthly fee
Additional benefits of a Premier Checking account:
  • Exclusive toll-free customer service number
  • .25% rate increase on eligible CDs
  • Additional .25% discount on new secured consumer loans with automatic payment from a Sovereign account**
  • No fee for money orders, official bank checks, and regular Traveler's Cheques
  • 50% discount on safety deposit box rentals
* 3.75% annual percentage yield (APY) is available when your balance is $75,000 and above; 3.00% APY is applied when your balance is $25,000-$74,999.99; 2.50% APY is applied when your balance is $10,000-$24,999.99; and 2.25% APY is applied when your balance is less than $10,000. APYs accurate as of 11/15/08 and may change thereafter and after your account is opened. Fees may reduce earnings. A minimum deposit of $10 is required to open a Personal Money Market Savings account. Personal accounts only. Federal regulations require us to limit to 6 per statement period the number of certain transfers you may make from a money market savings account, including transfers by telephone or using online banking. See your Personal Deposit Account agreement for details.
** Not available on mortgages and auto loans obtained through an auto dealer.
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Next Steps
Open this account online
Call 877.SOV.BANK to speak with a Personal Banking Representative
Find one of our Community Banking Offices
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