Alert Icon HomeStreet Bank branches are OPEN with restrictions. The health of our customers and employees is our top priority. Learn More

Money Market Account

Money Market Account | HomeStreet Bank

Money Market Account

The flexible way to earn, with easy access to your cash.


  • Tiered rates for higher balances1
  • Ability to write checks2
  • Use this account as overdraft protection for your personal checking account2

Money Market Account Features:

  • Manage your accounts 24/7 from virtually anywhere with free online and mobile banking
  • Receive important account alerts by email or text
  • Toll-free number to speak to a Personal Banking Representative

Money market account opening and maintenance:

  • $1,000 minimum opening deposit
  • Avoid the $5 monthly service fee when you keep a $1,000 minimum daily balance3
  • No additional charge for paper or electronic statements

Learn more about money market accounts:

man looking at computer

What is a money market account?

Find out what a money market account is and see if HomeStreet Bank has one that suits your needs.

Read More
woman at desk with computer

Money market account pros and cons

Read up on money market  advantages and disadvantages before you open a new account.

Read More
man looking at tablet

Money markets vs. savings accounts

Discover the benefits and differences between these two ways to save.

Read More
HomeStreet Marketing Tab
Statement Savings Account
Holiday Club Account
Statement Savings Account | HomeStreet Bank

Statement Savings Account Perks:

  • Low minimum daily balance requirement
  • Use this account as overdraft protection for your personal checking account
Statement Savings Account | HomeStreet Bank
Holiday Club Account | HomeStreet Bank

Holiday Club Account Perks:

  • Interest-earning
  • Make deposits in a variety of ways, including transfers and direct deposits
  • Funds are distributed at the end of October
  • Avoid holiday-induced debt and stress
Holiday Club Account | HomeStreet Bank


1. Interest

Your account balance must equal or exceed the stated minimum balance each day to obtain the annual percentage yield (APY) listed on the Bank rate sheet. Interest begins to accrue on the business day your deposit is made if your deposit consists of cash, ACH or checks drawn on HomeStreet Bank, and the next business day if your deposit consists of checks drawn on other banks. Interest will be paid up to the date of withdrawal. Interest will be compounded monthly and credited to your account on the last day of the statement cycle. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the collected balance in the account each day. At our discretion, we may change the interest rate, APY, or interest rate tiers on the account at any time.

2. Limit on Transfers and Withdrawals

Transfers and/or withdrawals from your money market or savings account conducted in person in the branch or at the ATM are unlimited. All other transfers are limited by federal regulations to six (6) during a calendar month. Other transfers include checks, draft or point of sale (POS) payable to third parties, pre-authorized transfers, automatic transfers, transfers to an overdrawn checking account, telephone transfers requested through the branch or Customer Service Center, Telephone Banking transfers, automatic payments (excluding HomeStreet loan/mortgage payments), Online Banking transfers and bill payments, and internet generated transactions. If the limited transfers are exceeded, we may close your account or convert it to an eligible account type.

3. Charges and Fees

All Accounts are subject to HomeStreet Bank’s customary fees for stop payments, insufficient funds, returned items, automatic transfer, other miscellaneous services and account early closure fees. Refer to Schedule of Fees. Fees are subject to change upon notice as may be required by law.

Find a Branch | HomeStreet Bank
Find a HomeStreet Branch | HomeStreet Bank

on your street?

Find a Branch

You Are Leaving HomeStreet Bank

By choosing “click here to continue” you will be taken to a web site that is not affiliated with HomeStreet Bank and may offer a different privacy policy and level of security. HomeStreet is not responsible for and does not endorse, monitor or guarantee content, availability, viewpoints, products or services that are offered or expressed on other web sites. Furthermore, products offered on other web sites may not be FDIC insured. Thank you.

You are leaving our secured site to send an email. Please be aware this email is not a secure method of communication. Do not use email to send us confidential or sensitive information such as passwords, account numbers or social security numbers. If you need to provide this type of information, use our secure “Contact Us” form or by phone or fax for other secure options.

Return to HomeStreet Bank Click here to continue