High Yield Money Market

FirstMerit High Yield Money Market® Account Details

Account Description

Our High Yield Money Market account combines the liquidity of a savings account, competitive interest rates and the security of FDIC coverage all into one account.

Features & Benefits

  • Minimum opening deposit $50
  • A monthly maintenance fee of $10 is waived if you maintain a $5,000 minimum daily balance
  • Higher balances can earn you higher interest on this variable rate account 
  • Unlimited withdrawals, deposits and transfers at FirstMerit ATMs & branches 
  • Write up to three checks per month1
  • Reach your savings goals quicker with direct deposit 
  • Free paperless statements 
  • Free online banking  
  • Free mobile banking & alerts2

Let's Talk


  1. You will be charged an excessive activity fee of $10 each for writing more than three checks, more than six computer transactions, more than six preauthorized transfers, or a combination of checks, computer, and preauthorized transfers greater than six, in any statement cycle.
  2. FirstMerit does not charge for alerts. However, your internet or mobile service provider may charge for sending and receiving alerts. Check with your service provider for details on specific fees and charges that may apply.