Our money market accounts have no monthly service charge with a $2,500 average monthly balance*. Interest is compounded daily and credited at the end of each month. Click here for Rate details.
ONLY $20 minimum to open
FREE check orders
FREE ATM card
FREE ATM withdrawals at any Severn Bank ATM or 55,000 ALLPOINT™ Network ATMs worldwide
FREE online banking
FREE telephone banking
Unlimited withdrawals or transfers at any Severn branch
Combined total of 6 withdrawals per month outside of branch**
* $5.00 monthly service fee if average monthly balance requirement not met.
** Federal Banking Regulations restrict you to a combination of six (6) of the following types of transactions per statement cycle: checks, debit cards, or similar orders made payable to third parties, telephone transfers, online banking transfers, pre-authorized debits and transfers to another account with us. Over the counter withdrawals are unlimited. Transaction limits apply, click here for more information. Excessive transactions over these limits may result in account closure.