Small Business Savings Accounts
Which Savings Account is right for your business?
Designed for you...|
...businesses that want a traditional account to help save for onetime or periodic business expenses such as taxes, insurance or employee benefits.|
Compounded daily, paid quarterly, rate is variable.See our Current Rates.
$5 fee waived for maintaining $300 average daily balance per quarter OR $5 fee waived if enrolled in E-Statements.|
Insured Money Market
...businesses that want the combination of security, liquidity and convenience. This tiered-rate account pays competitive rates of interest on higher balances.|
Compounded daily, paid monthly, rate is variable. |
$10 fee waived for maintaining $2,500 minimum daily balance per statement cycle.|
Certificate of Deposit
...businesses that want to earn a higher interest for specific terms and do not need funds available for a period of time.|
$500 or more depending on term|
Compounded and reinvested quarterly on Growth CDs. Simple interest paid monthly or quarterly on Income CDs. See our Current Rates.
Substantial penalty for early withdrawals.|
...business owners that want to plan for their future with a retirement account. Consultation with a competent tax advisor is recommended.|
Varies with product.|
See our Current Rates.|
*Maintenance Fees are assessed each statement cycle.