Business Savings Accounts


Savings Link

Put your funds to work. Earn a competitive interest rate while saving for your business.

  • Earns interest on average daily balance
  • Low minimum balance required to avoid monthly maintenance fee
  • Preferred loan rates with auto payment option
  • Free online banking
  • Free Telebank 24-hour bank by phone.
  • Two free withdrawals per month
  • Automatic savings plan available

  • Minimum to open: $100
  • If minimum balance falls below $300, the minimum balance fee is $3
  • Interest paid monthly – see us for current rates
  • Withdrawal limitations:
  • Allowed (2) withdrawals per month @ no charge
  • Each additional withdrawal $2
Money Market Link

For the business that wants a simple earning option for excess funds, a tiered interest rate structure allows you the flexibility to manage your money and earn higher rates.

Five premium interest rate tiers:
Tier 5 up to $24,999.99
Tier 4 $25,000 to $49,999.99
Tier 3 $50,000 to $149,999.99
Tier 2 $150,000 to $249,999.99
Tier 1 $250,000 and above
  • Call for current rates
  • Free Telebank 24-hour bank by phone
  • Monthly statement with check images
  • Free Online banking
  • Preferred loan rates with auto debit

  • Minimum to open: $100
  • If minimum balance falls below $2,500, the monthly maintenance fee is $15
  • Interest paid monthly
  • Excessive transaction fee (each withdrawal): $15

No more than six (6) transfers or withdrawals per monthly statement cycle.

Certificates of Deposit for Business

Certificates of Deposit (CDs) offer a secure way to invest your money and earn a guaranteed return. You can have peace of mind with an FDIC-insured investment.

  • Flexible terms
  • No service fees, but early withdrawal penalties apply
  • Fixed rates

  • Minimum balance to open: $1,000
  • Fees: None
  • Interest payment frequency: Monthly, quarterly, or annually
IOLTA

Reserved for attorneys and law firms, this is a free holding account for client funds.

  • $1,500 minimum to open
  • Monthly maintenance fee: $6
  • If minimum balance falls below $1,500, the minimum balance fee is $10 per month
  • Interest earned is remitted directly to the Bar Foundation
  • Interest earned may offset service charges
  • Easy to balance monthly statement