Business Savings
Saving time and money for your business.
It doesn’t take hard work to realize some of the best interest rates for your business. Here are just some of the savings options available to your business:
Business Savings Accounts
Make your saving goals a reality with a business account that offers a competitive interest rate on your balance.
Business Money Market
Looking for more from your business savings? Get more with a money market account.
Health Savings Accounts
Help yourself and your employees pay for current qualified health expenses and save for future expenses
Certificates of Deposit
Deposit money for a fixed period and earn competitive interest
Want to compare these accounts side by side?
Savings Account Comparison
| Account | + | Opening Deposit | Minimum Balance to Avoid Service Charges | Monthly Service Charge | Unlimited Check Writing | Interest Bearing |
|---|---|---|---|---|---|---|
| Business Savings Account | Business Savings Details | $0 | $100 | $2 if balance falls below minimum balance any day of the statement cycle | No | Yes |
| Business Money Market Account | Money Market Details | $0 | $2,500 |
$10 if balance below $2,500
any day of the statement cycle
|
No | Yes |
| Business Health Savings Account | HSA Details | $0 | $0 | No |
Yes |
Yes |
| Certificates of Deposit |
CD Details |
$500 |
$0 |
No |
No |
Yes |
Account Details
Business Savings Account
- No minimum opening deposit
- Competitive variable interest rate (please contact us for current rates)
- Interest compounded and credited monthly
- Withdrawals made by electronic transfer or check are limited to 6 per month
- Only $2 monthly service charge is minimum balance falls below $100
- A withdrawal fee of $1 may apply if the number of transactions exceed allowable limits
- Fee Schedule
Business Money Market Account
- No minimum opening deposit
- Competitive variable interest rate (please contact us for current rates)
- Interest compounded and credited monthly
- Withdrawals made by electronic transfer or check are limited to 6 per month
- Only $10 monthly service charge if minimum balance falls below $2,500 during your statement cycle
- A withdrawal fee of $1 may apply if the number of transactions exceed allowable limits
- Fee Schedule
Business Health Savings Account
- No minimum opening deposit
- Contributions can be made to your personal HSA or to your employee’s HSA
- Interest is variable, compounded and credited monthly
- No monthly service change
- No minimum balance
- Unused funds are rolled over to the next year
- Free Visa® Debit Card
- Contact us for more information.
- Please consult a tax adviser
- High Deductible Health Plan (HDHP) provider for information about eligibility and contribution/distribution requirements.
- Fee Schedule
Certificates of Deposit
- Competitive interest rates and a variety of terms to meet your needs
- No set-up or annual fees
- $500 minimum opening deposit