Jump to a section:

Business Savings

This business savings account is ideal for small-saving businesses. 

  • Minimum to open: $50
  • When your average daily balance is under $500, there’s a $10 monthly fee
  • Earns interest
  • Includes 5 free transfers; $3 for each additional transfer
  • Access it through Online Banking and your Mobile Banking app
  • Free monthly eStatements

A business savings account lets you earn interest on money deposited into the account. Maximizing your cash flow, saving for taxes and funding growth needs are easier when you have money that’s not only set aside but also growing on its own.

Business Money Market

A business money market account can offer a higher interest rate by requiring a higher minimum balance while still giving your business easy access to capital. 

  • Minimum to open: $10,000
  • Earns interest
  • When your average daily balance is under $10,000, there’s a $10 monthly fee 
  • Includes 5 free transfers; $3 for each additional transfer
  • Access it through Online Banking and your Mobile Banking app
  • Free monthly eStatements

If you’re able to maintain a larger balance, a money market account will give you a higher interest rate. Higher interest rates means your money grows faster while still offering you access to your capital if you need it.

Business Savings

Business Money Market

Minimum Balance$50 to open$10,000 to open
Free Transaction
FeesAverage Daily Balance Under $500 = $10 $500 or more = none Excessive transfers (6+) = $10/eachAverage Daily Balance Under $10,000 = $10 Excessive transfers (6+) = $10/each
Online Banking PlatformOnline Banking requires a checking accountOnline Banking requires a checking account
Ideal ForSmall saving customerLarge business accounts

    Download the new Business Mobile App

    You’re on the go, and so are we. Do more banking from the palm of your hand with our updated business banking mobile app.

    Business banking that feels like home.

    That’s how Sherry describes her relationship with us. We couldn’t agree more.

    Designed for Better Business

    Every business service we offer is designed to help you succeed.

    Get ready to grow your business

    When you need funds to buy new equipment, hire more staff or expand your offerings, we’re here. With various lending options, you’ll find the loan that best fits your needs.

    Business Knowledge Hub

    Get financial insights, education and advice to help you run your business. 

    Working With Outside Investors

    Depending where they are in their startup phase, new businesses often get several types of investment funding. Though some entrepreneurs can bootstrap, that is fund themselves from savings and continue…

    Internet Marketing Basics

    An online presence is a must for any business. According to eMarketer’s 2022 Global Ecommerce Forecast, they estimate that online sales in the U.S. will consistently grow between now and…

    Steps financial institutions take to combat identity theft

    Federal law requires banks, investment brokers, mutual funds and other creditors to adopt identity theft prevention programs. This is the Red Flags Rule, so-named because its central feature requires financial…

    Location, Location, Location

    What are the three most important factors when starting a business? Some will tell you it’s location, location, and location. In many ways, it is true. The spot you choose…

    Optimize Your Sales Pipeline

    What is it going to take to make your business successful and reach your sales goals? Understanding the metrics that drive your sales initiatives will help you understand the effort…

    The Value of Your Business

    While there are potentially many ways to value a business, one popular method is using the discounted, or present value, of your estimated cash flow. This method takes your current…

    Attracting and Retaining Quality Employees

    As a business owner, it is essential that you attract good employees. Likewise, you’ll also want to retain them as more knowledgeable, experienced, and skilled employees likely means increased profits.…