Business savings options include:
Business Savings Account |
A limited transaction savings account for all businesses. Learn more.
- Requires a deposit of $100 to open the account
- Accrues interest if the minimum daily balance for the month is at least $100
- Accounts with more than 6 debits per month will be subject to an excessive transaction fee of $6 per debit in excess of 6 per month
CDs |
Learn more about CDs.
- We offer CDs with fixed interest rates at varying maturities to meet your savings needs, from 7 days to 60 months.
- CDs with maturities of 12 months or less require a deposit of $500 to open.
- CDs with maturities of more than 12 months require a deposit of $1,000 to open.
- Talk to your Customer Service Representative for complete information on the many options available.
Business Money Market Account |
A limited transaction savings account for all businesses. Learn more.
- Requires a deposit of $2,500 to open the account
- Minimum daily balance of $2,500 is required or a $10 per month balance requirement fee applies
- Pays interest if the minimum daily balance for each day in the cycle is at least $2,500 on the following tiers:
- $2,500 – $4,999
- $5,000 – $9,999
- $10,000 – $24,999
- $25,000 – $49,999
- $50,000 and over
- If the daily balance for any day in the cycle is under $2,500, interest paid will be at the same rate as the Business Savings Account
- Interest accrual begins on the first business day of the deposit
- Interest is compounded and credited to the account monthly
- Accounts with more than 6 withdrawals per cycle will be subject to an excessive transaction fee of $6 per withdrawal in excess of 6 per statement
- The first packet of starter checks is free
- Monthly statements
- eStatements