Business Savings Accounts
- Protect and grow your cash reserves
- Online banking for 24/7 access
- Earn higher rates with our Money Market account
- Earn interest on all balances maintained in your business savings account.
- Quarterly fee waived with a low minimum daily balance.
- A $100 opening deposit is required.
Money Market Savings Preferred
A tiered account that pays higher rates on higher balances. Includes check writing capabilities.
- $1,000 minimum opening deposit
- Monthly maintenance fee waived with a $1,000 average daily balance
Regulations governing Money Market Savings accounts limit the number of transfers by phone and preauthorized withdrawals to six during any statement cycle period. There will be a fee for every transfer or preauthorized withdrawal beyond six. You may, however, make an unlimited number of transfers or withdrawals in person or by ATM.
Designed for businesses with short-term earning objectives. Place extra cash in a 28-day investment based on the treasury bill rate posted in the Wall Street Journal.