Business Savings Accounts
Strengthen your financial strategy with a business savings account. Our savings accounts are designed with your business in mind and include features and benefits built to support your goals.
Business Statement Savings
A quick and convenient way to build savings for future expenditures — planned and unplanned — all while maintaining access to your funds.
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Business Money Market Savings
Capitalize on tiered money market rates that help you maximize your savings while still having access to your business funds.
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Analyzed Accounts
Keep clarity and control over your transactions. Account analysis is designed to support businesses with complex banking needs.
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Business Statement Savings
The Business Statement Savings account gives you an easy way to save for everything from inventory and taxes to emergencies and more. Be prepared for the future without sacrificing access to your funds.
- Pays interest on your business savings
- Access to your savings
- Free digital banking with a robust suite of tools and features
- $3 monthly fee waived with $200 minimum daily balance
Deposit Rates
| Minimum balance to earn APY | Interest rate | APY* |
|---|---|---|
| $0 – $999.99 | 0.10% | 0.10% |
| $1,000+ | 0.15% | 0.15% |
*APY = Annual percentage yield. Rate can change after account is opened. Fees may reduce earnings in account.
**A $200 minimum opening balance is required and a minimum of $200 thereafter to avoid a monthly service charge.
To open a business account, contact us or visit one of our branches.
Business Money Market Savings
Put your business savings to work by earning competitive interest rates that grow as your balance grows. It’s a great way to save for a planned purchase or to build reserves to handle emergencies.
- Earns a competitive interest rate that increases as your balance increases
- Access to your savings
- Free digital banking with a robust suite of tools and features
- $10 monthly fee waived with $2,500 minimum daily balance
Deposit Rates
| Minimum balance to earn APY | Interest rate | APY* |
|---|---|---|
| $0 – $24,999.99 | 0.10% | 0.10% |
| $25,000 – $99,999.99 | 0.15% | 0.15% |
| $100,000 and over | 0.35% | 0.35% |
*APY = Annual percentage yield. Rate can change after account is opened. Fees may reduce earnings in account.
**A $2,500 minimum opening balance is required and a minimum of $2,500 thereafter to avoid a monthly service charge.
To open a business account, contact us or visit one of our branches.
Analyzed Accounts
Put your business Keeping track of fees and charges can get complicated. Enhanced Ac to work by earning competitive interest rates that grow as your balance grows. It’s a great way to save for a planned purchase or to build reserves to handle emergencies.
Analyzed accounts is a service that can be added to any of our business accounts.
Features and benefits:
- Use an earnings credit based on the account balance, to offset banking fees
- Breaks down costs by service, so you feel in control not in the dark
- Get one consolidated, clear statement that includes:
- Balances across multiple business accounts
- Service charges (e.g., wire transfers, ACH, check processing)
- Earnings credit allowance (ECR) – an offset to service fees based on balances
- Fees waived vs. fees charged
- Account activity metrics (volume of transactions, cash handling, etc.)
- Clarity and control – No more mystery around bank fees
- Aggregates data across multiple business accounts, empowering you to make smart financial decisions
- Helps identify high-cost services or inefficiencies and make informed decisions about banking structure or cash management
To open a business account, contact us or visit one of our branches.
To open a business account, contact us or visit one of our branches.
Account comparison
No matter the size of your business, we have a savings account that fits your needs.
| Business Statement Savings | Business Money Market Savings | |
|---|---|---|
| Minimum deposit to open | $200 | $2500 |
| Monthly fee | $3 (Waived with $200 daily balance) | $10 (Waived with $2,500 daily balance) |
| Access to your savings | ✓ | ✓ |
| Free online banking | ✓ | ✓ |
| Free electronic statements | ✓ | ✓ |
| Free business MasterCard® debit card | ✓ | ✓ |
| Earn interest on your balance | ✓ | ✓ |
| Manage with Analyzed Accounts | ✓ | ✓ |
View our Service Fee Schedule
Business checking accounts
Lay the foundation for financial success with a business checking account.
Start smart with a business checking account designed for everyday transactions, streamlined cash flow, and easy access when you need it.
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Digital banking for business
Streamline your business finances with powerful digital tools.
Access the full power of digital banking for your business. All business checking accounts include powerful tools to help you move money, monitor activity, and stay in control.
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