Money Market
A high-yield account for the seasoned saver.

What is a Money Market Account?
Pairing high-yield interest with easy access to your cash, Money Market Accounts are great short- and medium-term savings vehicles for experienced savers looking to build or secure their nest eggs. A cross between a checking account and a savings account, earn interest on your balance while maintaining liquidity. Write checks right from your account to transfer funds or pay for larger planned or unplanned expenses.
How does a Money Market Account work?
At Field & Main, we offer interest rates below or above $2500 on our money market accounts—the higher your balance, the more you’ll earn!
Initial deposits for your Money Market Account are low—only $25—and when you maintain a balance of $2,500, we’ll waive the $5 monthly fee. With up to 6 free withdrawals or transfers each month ($10 per transaction after 6), this account is perfect for individuals looking to balance interest with accessibility.
What are the benefits of a Money Market Account?
- No monthly service fee for balances over $2,500 (only $5 for balances under $2,500)
- Up to 6 free withdrawals or transfers each month
- Earn tiered interest—the more you save, the more you earn!
- Free debit card for purchases and ATM withdrawals
- Check writing capabilities
- Free online banking, eStatements, bill pay, and mobile banking with mobile deposit
- Easy transfers from your Field & Main Checking Account
- Link to cover overdrafts up to 6
- Automatic transfers to keep your savings plan on track
How do I qualify for a Money Market Account?
- Be at least 18 years old
- Provide a $25 initial deposit (cash or check) when opening an account
- Provide your Social Security Number and a valid, state-issued ID
Open a Money Market Account with Field & Main Bank
Setting up your new money market account is simple and hassle-free. Send us an email, give us a call at (888) 831-1500 or visit one of our banking centers in Henderson, Lexington, Cynthiana, Kentucky or Evansville, Indiana to get started today!
Explore Our Other Savings Account Options:
Simple Savings Account – A simple way to save with low fees and competitive interest.
Holiday Helper Account – Plan ahead with an interest-bearing holiday savings account.
Certificate of Deposit – Earn more with this high-yield savings tool.
Savings Accounts FAQs
No matter what your goals are, saving should be simple. Below are some answers to the most common questions we receive about savings accounts.
Do savings accounts cost money, or are there fees?
To avoid any fees, maintain a balance of at least $100 in your account and limit your withdrawals to no more than six times per month. If your balance falls below $100, a $1.00 maintenance fee will be charged monthly. Additionally, if you exceed six withdrawals or transfers in a month, a $2.00 fee will be charged for each excess withdrawal.
Do savings accounts offer check writing capabilities?
Our Money Market accounts offer check writing capabilities, but our Simple Savings and Holiday Helper do not.
Do you offer a savings account for kids, or a young savers account?
While we don’t have a specific young savers account, our Simple Savings Account is a great option for kids who are savvy savers! You can open an account with just $25. After the first month, a $100 minimum balance is required. If the balance falls below $100, a $1.00 maintenance fee will be charged each month.
How many withdrawals are allowed per month?
You are allowed 6 withdrawals per month from your savings account. After 6 withdrawals, there is a $2 fee per withdrawal. The 6-withdrawal limit would include any automatic payments that are set up, debit card transactions, and automatic funds transfers or sweeps into another account.
Will the interest rate change on my savings account? What is the rate?
Our savings account interest rates are subject to change at any time. For the most up-to-date rates, please contact one of our Relationship Bankers directly.
How is interest paid?
Interest will be compounded monthly and credited to your account monthly.
Can I get a debit card with a savings account?
You can link a debit card to your Simple Savings or Money Market accounts, allowing you to withdraw funds from an ATM. Keep in mind that each time you use your debit card, it counts towards the six-withdrawal limit for both savings and Money Market accounts.
Can I set this account up to cover my checking account in case of an overdraft?
Yes, there is a simple agreement we will need you to sign to get this set up. Keep in mind however, that any time you use your debit card it counts toward the 6-withdrawal limit for savings and Money Market accounts.
Start Saving Simply
Field & Main Bank® was designed to feel different. Because of that, setting up your savings account is effortless and streamlined. So give us a call at (888) 831-1500, visit us in person or contact us online!