Have you been thinking about taking a dream vacation? Are you planning for college or retirement or wishing you had a downpayment for your first home? You can reach your goals when you systematically save your excess cash in a money market account.

What is a money market account?

A money market account is similar to a savings account but has the added benefit of check access and higher rates.       

  Diamond Money Market Investment Account Premier Money Market Investment Account
  Increase your balance for higher rates. Enjoy easy access to your funds.     Our best rates are an exclusive benefit for Premier Plan members.
Minimum to Open $5,000 $10,000
Minimum to Avoid Maintenance Fee Daily collected balance of $5,000 or more. Average daily collected balance of $25,000 or more.
Maintenance Fee $5 per month if daily collected balance is not maintained. $10 per month if average daily balance is not maintained.
Earns Interest Earn higher rates with higher balances Earn higher rates with higher balances.  
Check Access*

* Check access is subject to transaction limitations as required by Federal Regulation D. Savings and Money Market withdrawals are limited to 6 pre-authorized electronic transactions. This includes any pre-authorized, automatic, telephonic or computer transactions to another account of yours with us and/or transfers or payments to a third party each monthly statement period. Withdrawals made in person or at an ATM are unlimited.

Which account is best for me?

BSNB offers choices and we are happy to help you examine the options.  While a savings account may be a great way to teach your children how to save or to establish an emergency fund, a money market can be a good choice for longer- term savings goals, especially if the ability to write checks on the account is attractive to you.  Certificates of deposit  will typically provide a rate of interest that is locked-in for the term of your choice, an ideal option if you are looking for security.  

Get Started

For more information on how to open a money market account, please call Customer Service at (518) 885-6781, visit any BSNB location or send us a Secure Email.


Check out our current rates.

What will I need to open an account? Review our convenient checklist.  

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Track your savings progress with Banking on the GO services.  Online Banking and Mobile Banking can help you reach your savings goals!