Business Savings Accounts
Our business savings account is for customers who would like to put money away for unforeseen events yet earn a little interest. With this business savings account you earn interest and have a simple banking solution that meets your everyday business banking needs.
Our business money market account is for customers who are able to keep a larger balance in their account and want to save money for their company’s future. This business account allows you to earn a higher interest rate than a regular savings account and provides a simple banking solution while offering the essential services needed to meet your everyday business banking needs.
| Feature | Business Savings Account | Money Market Account |
|---|---|---|
| Minimum to Open | $100 | $2,500 |
| Minimum Balance to avoid fee/earn interest | $100 | $2,500 |
| Fee (Minimum Balance not met) | $5 | $25 |
| Earns Interest | Yes | Yes |
| E-Statements | Yes | Yes |
| Online and Mobile Banking | Yes | Yes |
| Bill Pay | Yes | Yes |
| Text Banking | Yes | Yes |
For information regarding Extended FDIC Insurance, please contact our Business Banking Officer at 410.668.4400 extension 397.