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

Business Relationship Money Market

Certificate of Deposit

Description

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

We took the Business Money Market and made it even better by giving you the perks you expect with a relationship.

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

Additional Features

Free Wallet-Style Checks (mailed to branch)

Free Wallet-Style Checks (mailed to branch)

N/A

Minimum to Open

$1,000

$25,000

$500

Interest Bearing

Yes

Yes

Yes

Minimum Balance Fee

$25

$25

None

Balance to Avoid Minimum Balance Fee

$25,000

*or qualifying relationship

$25,000 

*or qualifying relationship

No early withdrawals to avoid penalty

Transactions Allowed

6 Each Month

6 Each Month

Penalty for Early Withdrawal

Excessive Transaction Fee (per item)

$5

$5

Penalty for Early Withdrawal

Our Business Savings Accounts include ALL of the following services:

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

*Qualifying relationship = a checking relationship with a $2,500 minimum daily balance, a $5,000 minimum combined daily balances in other accounts, or a home equity line balance of $10,000 or higher

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, $5 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 $25 monthly service charge with a $25,000 minimum balance

Business Relationship Money Market

We took the Business Money Market and made it even better by giving you the perks you expect with a relationship.

Features

  • $25,000 to open
  • Interest paid on daily collected balances
  • Tiered interest rates that increase with your balances
  • Free wallet-style checks
  • Up to 6 free withdrawals per month, $5 each thereafter. Regulations limit certain withdrawals to 6 per calendar month or statement cycle (of a 4 week period)
  • Unlimited over-the-counter withdrawals
  • No monthly service charge with a $25,000 minimum daily balance or a checking relationship with $2,500 daily minimum balance or a $5,000 balance combined relationship in other accounts; otherwise $25
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