Our business savings account is an easy way to prepare for unexpected expenses, set aside tax payments, or retain earnings. You'll earn interest on your balances while maintaining full access to your funds.
Put your money to work with a business savings account!
Our business savings account is an easy way to prepare for unexpected expenses, set aside tax payments, or retain earnings. You'll earn interest on your balances while maintaining full access to your funds.
*Minimum $10 to open. Minimum $5 balance is required to earn Annual Percentage Yield. Interest is compounded continuously and paid monthly. Transfers from a Statement Savings account to another account or to third parties by preauthorized, automatic or telephone transfer are limited to six per statement cycle with no transfers by check, draft, debit card or similar order to third parties allowed.
| Account Type | Annual Percentage Yield |
Interest Rate | Interest Compounded | Interest Credited | Minimum Balance Required to Open |
Minimum Balance Required to Open and Earn APY |
|
|---|---|---|---|---|---|---|---|
| Passbook Savings | .03% | .03% | Continuous | Monthly | $10.00 | $5.00 | |
| Statement Savings | .03% | .03% | Continuous | Monthly | $10.00 | $5.00 | |
| Statement Draw | .03% | .03% | Continuous | Monthly | $10.00 | $5.00 | |
| Money Market Savings | |||||||
| $5.00 - $2,499.99 | .03% | .03% | Continuous | Monthly | $50.00 | $5.00 | |
| $2,500 - And Up | .05% | .05% | Continuous | Monthly | $50.00 | $2,500.00 | |
| Holiday Club Savings * | .25% | .25% | N/A | At Maturity | $10.00 | $10.00 | |
| Vacation Club Savings * | .25% | .25% | N/A | At Maturity | $10.00 | $10.00 | |
Rates Effective as of: April 24, 2024