Impact Money Market
High-Yield Rates meet Community Impact
Introducing the Impact Money Market Account — earn a great rate while supporting communities in need.
Open an Impact Money Market Account today to grow your savings and help strengthen underserved communities. Your deposits do more than earn interest — they help provide financial education that gives people the tools to build brighter financial futures, and they support underserved families on their path to homeownership and long-term stability. With every deposit, you’re helping lay the foundation for lasting generational wealth.
Impact Money Market*
- $5,000 minimum deposit to earn special rate.
- Notifi Real-Time Alerts1, Online & Mobile banking2
- $15 monthly fee is waived if maintain $5,000 balance.
- Mastercard® Debit Card with ID Theft Protection and more!
- Access to approximately 40,000 ATMs nationwide.
- To open your Impact Money Market account, please visit the branch at 204 Westover Dr., Hattiesburg, MS 39402.
Small Team. Mighty Impact.
Grand.bank's Community Impact at a Glance:
During 2023-2025:
544
volunteer hours were contributed during over 67 unique volunteer events
$43,122,616
of our total loan volume was given to borrowers in low-to-moderate income communities promoting homeownership and improving financial well-being.
33,803
free financial education resources were provided
Minority Depository Institution (MDI)
As a Minority Depository Institution (MDI), we are dedicated to driving financial empowerment and economic growth in underserved communities. By offering safe, fair, and affordable banking products — such as affordable banking accounts, mortgages, and credit building — we help new homeowners, support families in building generational wealth.
Giving Back to Our Community
Community is at the heart of everything we do. Through our Giving Back Program, we proudly partner with local organizations and nonprofits to foster a culture of generosity and meaningful community engagement. We encourage our associates to volunteer with the causes that matter most to them—and we support their commitment through our corporate PTO Match program. Together, we create “GRAND” moments and drive lasting positive change in the communities we serve.
How Much Could You Earn?
Money market accounts (MMAs) typically offer higher interest rates than traditional savings accounts. There can be, however, service fees if your account falls below the minimum required balance. Use our Money Market Calculator simply by entering your Money Market Account balance and APY to see how your savings will grow over time.
Interested in FDIC Insurance Protection for deposits over $250,000?
Protecting your deposits while earning a return – now that is smart.
Financial Guidance
Personalized lessons that help you learn how to get where you want to be.
Understanding Money Market Accounts
Is the Money in My Account Safe?
Create a Budget That Works For You
*Minimum Balance to Open Account: $50.00
Monthly Maintenance Service Charge: $15.00
Minimum Monthly balance required to avoid Service Charge: Balance of $5,000.00 or more each day of the statement cycle.
Account Limitations: There are no transaction limitations for this account.
Account Fees: $15.00 monthly service fee if minimum Balance is not met. Please refer to our Deposit Fee Schedule for additional information about applicable fees and charges. Fees may reduce earnings.|
Statement Charge: $0.00 for electronic statements if enrolled in our online banking and bill pay program. $3.00 for paper statements (per statement period).
1) Some tools require additional setup. 2) Grand.bank® does not charge a fee for our Mobile Banking App or Online Banking, however, third-party fees for internet, messaging, or data plans may apply. Contact your wireless service or internet provider for more details. Availability may be affected by your mobile carrier’s coverage area.
Please refer to our Funds Availability and Reg. E Disclosures for rules and regulations governing these accounts.
Important Information About Procedures for Opening a New Account or Establishing a New Customer Relationship:
The USA PATRIOT Act is a federal law that helps the government fight the funding of terrorism and money laundering activities. Federal law requires all U.S. financial institutions to obtain, verify and record information that identifies each person who opens an account or establishes a customer relationship with Grand Bank for Savings, FSB. What this means for you: When you open a bank account, we will ask you for your name, address, date of birth, and other information that will allow us to reasonably identify you. We may also ask to see your driver’s license or other identifying documents at any time.