Manage Money For Your Business
From a checking account that gives you easy access to funds when you need it, to a savings account for you to keep your money safe, Savings Bank has account options for business owners. Our business deposit accounts are available for businesses of any size. Each account has its own features and benefits. Our business banking team can help you determine which account is the right choice for your business. Please contact one of our offices to speak with our team and learn more about each of our business deposit accounts.
Our Business Deposit Accounts
Business Checking Accounts
| Account Type | Interest | Fees | Benefits |
|---|---|---|---|
| Regular Checking | None | $0.10 per check fee over 40 checks $4.00 per month plus sales tax for average monthly balances under $99.99 $3.00 per month plus sales tax for average monthly balances between $100 - $199.99 $2.00 per month plus sales tax for average monthly balances between $200 - $299.99 $1.00 per month plus sales tax for average monthly balances between $300 - $399.99 | No account service charges for average daily balances over $400.00 Benefits for senior citizens and students available No service charges for service organizations |
Business Money Market Accounts
| Account Type | Account Features |
|---|---|
| MMI Account | $2,500.00 minimum balance requirement Variable interest account Interest paid quarterly |
| Super MMI Account | $10,000.00 minimum balance requirement Variable interest account Interest paid quarterly |
| Jumbo MMI Account | $25,000.00 minimum balance requirement Variable interest account Interest paid quarterly |
| Mega MMI Account | $50,000.00 minimum balance requirement Variable interest account Interest paid quarterly |