BUSINESS SAVINGS
Businesses can greatly benefit by having reserve funds or planned savings available when they are needed in business savings accounts. Quickly and easily transfer money to and from our business savings accounts to cover cash flow shortages or for planned expenses. Explore the business savings accounts we offer below, and contact one of our experienced business bankers to set up a customized business solution that meets your needs.
Business Money Market
This account allows you to earn an attractive rate of return with limited access to your money. You'll enjoy a higher interest rate by maintaining a higher balance.
- 6 withdrawals per month ($15 per withdrawal over 6)**
- First order of basic checks free
- Free Online Banking
- Monthly statements
- Interest paid monthly
Interest tiers:
- $0 – $9,999
- $10,000 – $49,999
- $50,000 – more
The minimum deposit to open is $50
Monthly service fee $15
Any of the following waives the monthly fee:
- $2,500 minimum daily balance
- $3,500 average balance for the month
**Federal regulations limit withdrawals to six per month.
First Business Savings
Your business can benefit from this simple savings account that helps you earn interest without maintaining a high balance.
- 6 withdrawals per quarter ($3 per withdrawal over 6)**
- Free Online Banking
- Quarterly statements
- Interest paid quarterly
The minimum deposit to open is $50
The quarterly service fee of $8
Any of the following waives the quarterly fee:
- $500 minimum daily balance
- $1,000 average balance for the month
**Federal regulations limit withdrawals to six per month.