Business Savings
We know that businesses need bank accounts that offer liquidity and safe returns as you save for short-term or long-term needs. That’s why we have business savings accounts, money market accounts, and Certificates of Deposit (CD) accounts with competitive rates to help your business capital grow while you focus on the day-to-day needs of your business.
- A Business Savings Account is a way to invest for short and long term financial goals. The account earns interest, permits withdrawals as needed, and comes with Business Online Banking and e-Statement access.
- A Certificate of Deposit (CD) is right for your business if you have funds that you don’t need to access immediately. The Business CD account has a fixed term and interest rate and generally pays a higher rate of interest than a savings account or money market account. You can choose from a variety of certificates and terms, and CD specials tailored to your community. A CD account is FDIC insured up to $250,000 per depositor, per category, and interest payments can automatically reinvest or be transferred into a checking account or savings account.
- Money Market Accounts are a way to make the most of your business funds. We offer multiple money market account options with the opportunity to earn higher rates of interest as you increase your balances. With a money market account, you can make six withdrawals from your account each monthly statement cycle without charge. Business Online Banking allows you to manage your Money Market transactions and balances.
A Health Savings Account (HSA) can help you attract and retain employees while potentially saving you money on health insurance premiums. The benefits to your business and your employees can be significant. We offer a versatile Health Savings Account and will guide your employees through the process to help them understand and utilize the account to their advantage. We can serve as the custodian, partner, or advisor - it’s up to you.