Business Savings

As your business grows, so will your savings.

When you add funds into one of our Business Savings Accounts, you make an investment in your business's future. You can be sure it's earning a great interest rate, and since it's federally insured, you know it will be there when you need it.

Questions?

Account Comparison

Account

Business Money Market

Certificate of Deposit

Description

Enjoy the higher interest, flexibility, and convenience of the Business Money Market.

 Lock in a competitive interest rate for periods from 3 to 60 months.  Call for rates.

Additional Features

Tiered interest rates that increase with your balances

N/A

Minimum to Open

$1,000

$500

Interest Bearing

Yes

Yes

Minimum Balance Fee

$12

None

Balance to Avoid Minimum Balance Fee

$2,500

No early withdrawals to avoid penalty

Transactions Allowed

6 Each Month

Penalty for Early Withdrawal

Excessive Transaction Fee (per item)

$10

Penalty for Early Withdrawal

Our Business Money Market Account includes ALL of the following services:

  • Online Banking / Mobile Banking
  • 24-hour Telephone Banking
  • eStatements
  • Direct Deposit
  • Notary Services

Business Money Market

Enjoy the higher interest, flexibility, and convenience of the Business Money Market.

Features

  • $1,000 to open
  • Interest paid on daily collected balances
  • Tiered interest rates that increase with your balances
  • Up to 6 free withdrawals per month, $10 each thereafter. Regulations limit certain withdrawals to 6 per calendar month or statement cycle (of a 4 week period)
  • Unlimited over-the-counter withdrawals
  • Avoid the $12 monthly service charge with a $2,500 minimum balance

 

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