Start Earning 4.75% APY Today
Accelerate your growth at 4.75% APY1 in our Business Digital Money Market account.
Available exclusively online, just fill out our easy application form to get started.
Grow your business with our Business Digital Money Market at 4.75% APY1.
- Get started with our easy application form
- Only $2,500 minimum deposit to open account and avoid $25 monthly maintenance fee
- FDIC insured
Questions?
Accelerate Your Growth at 4.75% APY
Facts, Answers, and Questions
Great question. We’re a family-owned bank, and we’ve been dedicated to serving our clients since our first branch opened in 1964. Over the years, we’ve expanded our financial services, reinvested in our communities, and have grown to 19 locations throughout Chicagoland.
While our branches may only be in the Midwest, we embrace innovation, entrepreneurship, and hard work regardless of where you live. And the exceptional service we provide knows no geographic boundaries.
If you’re in a jam and need unbiased advice, we’ve got your back.
Our point? You can count on us to work hard for you.
Completing our online application should only take a few minutes. You’ll need:
- Tax ID Number
- Business Documentation
- Opening Deposit via Wire Transfer
Need help? Call us at 800-526-9127. We’re available Monday through Friday, 7:00am – 6:00pm, and on Saturday from 8:00am – 1:00pm.
Once your Business Digital Money Market account is open, you can deposit additional funds via check or wire transfer. You’ll need your new account number and our routing number, which is 071001180.
If your current financial institution’s Online Banking service offers “External Transfer,” you may add funds to your new Digital Money Market account using that functionality. Check with your current financial institution for their guidelines.
And, there is no limit as to how much you can ultimately deposit into your Digital Money Market account.
Call us at 800-526-9127 for more information. We’re available Monday through Friday, 7:00am – 6:00pm, and on Saturday from 8:00am – 1:00pm.
Yes, checks are available for your new Digital Money Market account.
Call us at 800-526-9127 for more information. We’re available Monday through Friday, 7:00am – 6:00pm, and on Saturday from 8:00am – 1:00pm.
No, we do not offer a debit card on this account. You can, however, order checks by calling 800-526-9127. You will need you account number and other identity identifying information.
At Republic Bank, we offer competitive rates that are largely determined by market conditions. If our Digital Money Market rate changes, that change applies to all Digital Money Market accounts.
At Republic Bank, it’s important to us to provide you with the resources you need to have a bright financial future.
Explore our posts and learn more about insuring your business, sustainable business practices, emerging trends in banking scams, and more.
At Republic Bank, our business bankers work hard to learn your story and become your advocate.
Get connected with us, and put Chicago’s hardworking bank to work for you today.
1Minimum balance to open account is $2,500. If balance falls below $2,500, a $25 maintenance fee will be assessed. Maximum account balance is $250,000. If balance exceeds $250,000, Annual Percentage Yield (APY) on entire balance will decrease to 4.25%. Account must be funded with money not currently on deposit with Republic Bank of Chicago within the last 180 days (i.e., new money which has not been held in a Republic Bank deposit account of any kind in the last 6 months). Fees may reduce account earnings. APY is accurate as of 11/21/2024. APY may change and offer may be withdrawn at any time without notice.
