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BUSINESS SOLUTIONS PLATINUM MONEY MARKET

Earn up to 3.50% APY1 for 90 days when you open a business money market account

Flagstar’s Small Business Money Market Accounts earn competitive interest rates on excess cash while keeping funds accessible. Experience a higher introductory rate than a standard business savings account, FDIC insurance,2 and secure digital banking tools.

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What makes a business money market account from Flagstar right for you?

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Earn a competitive rate

Earn 3.50% APY1 for the first 90 days when you deposit a minimum of $25,000 in new money and have a Flagstar business checking relationship.

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Flexible access to your funds

Earn a great rate and access your funds anytime—at a branch, ATM, by check, or through Online & Mobile Banking.

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Avoid the monthly fees

Maintain a $5,000 average daily balance and pay no monthly maintenance fee

What are the key features of a business money market savings account?

  • Competitive business money market rates – earn tiered interest on your business savings, paid monthly.1
  • FDIC-insured – Flagstar Business Money Market deposits are federally insured up to $250,000 per depositor.2
  • Maintain liquidity – unlike a CD, money market funds remain available when you need them—at a branch, ATM, by check, or through Online & Mobile Banking.
  • Waive the monthly fees – avoid the $20 monthly fee by maintaining a $5,000 average daily balance in your account.
  • Online and Mobile Banking – Flagstar Corporate Connect™ allows easy management of your account and works seamlessly with treasury management and cash-flow tools.

Access your accounts anytime, anywhere

When business has you on your toes, Flagstar Corporate Connect™ keeps you in control. With our all-in-one business banking online platform, you can check balances and payment history, pay taxes and bills, make stop payments, and more on your schedule.

visit the following URL to download our app from the apple store:https://apps.apple.com/us/app/flagstar-corporate-connecttm/id1527272093 or Visit the following URL to download our app the Android URL https://play.google.com/store/apps/details?id=com.obs.android.olm.nycb.prod&hl=en-US

Scan this code with your phone’s camera to download the Flagstar Corporate Connect™ App.

Learn more
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Business money market FAQs

A business money market account is a savings option that lets your business earn higher interest on extra cash while keeping your funds accessible when you need them.

It’s a smart way to grow reserves, maintain liquidity, and earn a competitive rate—all with the flexibility and security your business needs.

Money market accounts often offer higher interest rates and check-writing or money transfer capabilities, giving you more flexibility with your savings.

Yes! Flagstar Business Solutions Platinum Money Market is FDIC-insured, which means customer deposits are insured up to at least $250,000 per depositor for each deposit category.2

Connect with a Small Business Consultant

Let Flagstar handle optimizing your cash flow, streamlining payments and receivables, ensuring reliable access to capital, and finding solutions ahead of hurdles, so you can focus on growing your business.

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Ease

Unlock tailored solutions that hit all the marks and pave your path to tomorrow’s success.

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Expertise

Leverage our consultants’ strong business backgrounds, specialized knowledge, and practical insights.

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Empowerment

Make clear, confident financial decisions that help create the future you’ve been working toward.

Fill out the form below to connect with us or visit your local branch.

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Important information will be provided to you in the disclosures you receive during the account opening process.

1Annual Percentage Yield (APY). 3.50% APY is accurate as of 6/16/2026 on Flagstar Business Solutions Platinum Money Market accounts on balances greater than or equal to $25,000, for the first 90 days after account opening, at which time this account will then revert to the then posted non-promotional interest rate for the Flagstar Business Solutions Platinum Money Market account type unless eligible for the subsequent 12-month rate as detailed in requirements below. Offer subject to the following conditions: You must open a new Flagstar Business Solutions Platinum Money Market Account, or have an existing and active (meaning not dormant or inactive) Flagstar Business Solutions Platinum Money Market Account and meet the following requirements: (i) The account must be funded within 90 days of the approval date; (ii) You must make a minimum opening deposit to a new Flagstar Business Solutions Platinum Money Market Account of at least $25,000 and this must be “new money,” which is defined as money that is not currently on deposit in any Flagstar Bank account; money moved from any Flagstar Bank affiliate or subsidiary account or funded from a Flagstar/affiliate loan or line of credit does not qualify; or you must add an additional “new money” deposit of $25,000 to an existing Flagstar Business Solutions Platinum Money Market Account; (iii) You must maintain an active (not dormant or inactive) Flagstar Business Checking Account, this can either be a new account or an existing account already being used; and (iv) Accounts that maintain a daily balance greater than or equal to $25,000 during the first 90 days will receive the promotional rate for a 90-day period. A maintenance service charge of $20 will be imposed every month if the average daily balance in the account falls below $5,000. Private Bank and Commercial Banking clients are not eligible for this promotion. Only new funds qualify; internal transfers from existing Flagstar business accounts do not count as new money. Standard non-consumer money market account terms and conditions apply. The rate guarantee applies only if all qualifying requirements are satisfied in the timeframe. For tax purposes, the customer will receive an IRS form from Flagstar Bank. This offer is limited to one qualifying account per tax identification number. If multiple accounts are opened with the same account holder, only one account will be eligible for this offer. Offer subject to change or cancellation at any time without notice. Receiving this offer does not guarantee your eligibility. All account applications are subject to our normal approval process.

2Visit fdic.gov for more information about FDIC insurance coverage.