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Business Savings

Savings your business can count on.

Business Savings & Investment Accounts

Business Statement Savings

One of the safest, smartest deposit options available – you have maximum flexibility, earn interest and retain immediate access to your money. An excellent way to provide overdraft protection on a checking account.

Features

Open with $250 deposit

Account Fees

$6 monthly maintenance fee ($18 quarterly) can be waived by maintaining a $2,500 minimum daily balance*

*Other fees may apply

Transaction Limits

Three preauthorized transactions per month at no charge1

Up to six total preauthorized withdrawals, automatic or telephonic transfers, checks, drafts and debit card or other similar transactions from your account per month or statement cycle

Business Money Market

One of the safest, smartest deposit options available – you have maximum flexibility, earn interest and retain immediate access to your money. An excellent way to provide overdraft protection on a checking account.

Features

Open with $1000 deposit

$2,500 minimum daily balance to earn interest

Account Fees

$15 monthly maintenance fee can be waived by maintaining a $2,500 minimum daily balance*

$2.50 fee per $1,000 cash deposited

$.50 per item deposited over 15 items

*Other fees may apply

Transaction Limits

Three preauthorized transactions per month at no charge2

Up to six total preauthorized withdrawals, automatic or telephonic transfers, checks, drafts and debit card or other similar transactions from your account per month or statement cycle

1. $5 excessive withdrawal fee for each transaction over three. 2. $2 excessive withdrawal fee for each transaction over three.

Investment Sweep Account

Especially designed for businesses that wish to achieve higher earnings from excess checking account balances while maintaining the ability to utilize their checking account for deposits and checkwriting. Balances in excess of a pre-determined target balance are automatically “swept” overnight from your Regular Commercial Checking Account into the Investment Sweep Account. Individual accounts must be subject to analysis.

Certificate of Deposit (CD)

This investment account gives you the right combination of safety and flexibility while investing money. The current interest rate is guaranteed for the entire term of the CD. You determine the amount to invest and the length of the term. Be sure to ask about our interest-allocation options. Substantial penalty for early withdrawal.

Smart Money Habits Course

Overcoming Small Business Financial Hardships

As an entrepreneur there may be times when you feel stressed and uncertain due to various challenges you may face on your journey. You can combat these feelings by being proactive by creating an actionable plan to keep your business on the right course. Learn more about how you can help make your business better equipped to handle challenges.

You may also be interested in:

Business Checking Accounts

Traditional & SBA Business Loans

Business Credit Cards

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