Commercial Platinum Money Market

What Is a Commercial Platinum Money Market Account?

Imagine a business savings account that gives you more flexibility and better returns. First Lonestar Bank's Commercial Platinum Money Market Account in Frisco, Texas, offers high-yield growth, FDIC protection, and the ability to access your funds whenever you need them—all backed by local service you can trust.

What a High-Yield Money Market Account Provides

We offer great money market rates as a low-risk way for businesses to earn more money on their funds, with higher APY rates than traditional savings accounts. Each encounter also includes check writing, and free online and mobile banking².

Why Choose a Money Market Account for Your Business?

A business money market account offers tiered interest rates, so the more you have in your account, the higher the interest rate you'll receive, which is compounded and paid monthly¹. You'll still maintain full access to your funds and can write company checks directly from your money market account.

We offer unlimited withdrawals in person or by mail. Preauthorized automatic transfers, telephone transfers, checks, drafts, or similar orders are limited to six transactions per month. There's a $10 per transaction cost after that. The first 20 deposits each month for free, and $0.25 per item thereafter. There are no monthly fees, except for a $12 service charge for balances that fall below $1,000.

Our digital banking services include MyBanker™ Online Banking Service, MYBILLPAY® Online Bill Payment Service, the First Lonestar Bank Mobile App² and MYE-DOCS® Electronic Statements.

FDIC-Insured Money Market with Flexible Access

With an FDIC-insured money market account, you can trust that your deposits are protected for up to $250,000.

Open a Commercial Platinum Money Market Account in Texas

To open a Commercial Platinum Money Market account, you can request more information, call an FLB Associate or visit our branch in Frisco, Texas, today!

Why Choose First Lonestar Bank

At First Lonestar Bank, we're a local community bank that offers the kind of personalized service and flexibility that can help your business grow. We make all our decisions locally and understand the Dallas-Fort Worth economy because we live and work here just like you. Our money market accounts are built to help you earn more while keeping your cash liquid and secure.

Frequently Asked Questions (FAQs)

Q: How does a money market account work?
A: Money market accounts are a type of savings account that typically offers higher interest rates than standard savings accounts, along with limited check-writing capabilities. These accounts usually require a higher minimum balance to avoid fees.

Q: What is the minimum balance required to earn interest?
A: The minimum balance requirement to earn interest is $1,000.

Q: Are money market accounts FDIC-insured?
A: Yes, money market accounts are FDIC insured, which means your deposits are protected up to applicable limits.

Q: Can I write checks from my money market account?
A: Yes, you can write checks on your money market account. However, the number of checks you can write will be limited compared to a traditional checking account.

Q: How do I open a Commercial Platinum Money Market account with First Lonestar Bank?
A: To open a money market account, you can either request more information, call an FLB Associate or visit our branch in Frisco. We will then assist you with the necessary documentation and guide you through the process of setting up your account.

We Serve the North Dallas Business Community

At First Lonestar Bank, we provide local business banking services throughout Frisco, Plano, The Colony, Prosper, McKinney, Carrollton, and the Dallas-Fort Worth area. Whether you're saving for future growth or managing operational funds, our money market solutions can help your business succeed.

Open a Commercial Platinum Money Market Account Today!

If you're ready to earn more on your business savings, open a Commercial Platinum Money Market Account with First Lonestar Bank today. Please request more information, call an FLB Associate or visit our branch in Frisco.

Contact First Lonestar Bank to get started!
Call an FLB Associate or visit our branch in Frisco, Texas, today!