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 Bridgeview Bank, an Illinois community bank,
has helped local individuals and businesses to
achieve their financial goals since 1971.
Bridgeview Bank offers a number of user-
friendly savings vehicles, including the money
market account, and is dedicated to helping
clients choose the right product for their needs.
Like a savings account, a money market
account earns interest based on the amount of
the balance. A money market account differs
in that it typically requires a higher minimum
balance and pays greater interest rates.
 A money market account may also restrict the
number of withdrawals that the account holder can
make per month.
From an investment standpoint, the money market
account serves to improve on the return of a savings
account while minimizing risk. These accounts have
come into favor with investors who are looking for
particularly conservative products for their portfolios,
yet those with minimal financial savvy can make
good use of them as well. A financial professional is
best positioned to give a potential account holder
detailed information while also advising on how the
money market account may help to generate
interest and build a person's wealth.

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How a Money Market Account Works

  • 1.
  • 2.  Bridgeview Bank, an Illinois community bank, has helped local individuals and businesses to achieve their financial goals since 1971. Bridgeview Bank offers a number of user- friendly savings vehicles, including the money market account, and is dedicated to helping clients choose the right product for their needs. Like a savings account, a money market account earns interest based on the amount of the balance. A money market account differs in that it typically requires a higher minimum balance and pays greater interest rates.
  • 3.  A money market account may also restrict the number of withdrawals that the account holder can make per month. From an investment standpoint, the money market account serves to improve on the return of a savings account while minimizing risk. These accounts have come into favor with investors who are looking for particularly conservative products for their portfolios, yet those with minimal financial savvy can make good use of them as well. A financial professional is best positioned to give a potential account holder detailed information while also advising on how the money market account may help to generate interest and build a person's wealth.