Better business banking starts here
Open a small business savings account and watch your money grow
- Apply online in minutes
- Earn up to 3.46% APY with a Business Money Market Savings
- FDIC insured
Savings Account Options
| Money Market Savings Open an account |
Regular Savings Open an account |
|
|---|---|---|
| Open with as little as | $100 | $100 |
| APY (Annual Percentage Yield) | 3.46% with a daily balance of $5,000,000 or below
4.42% with a daily balance above $5,000,000 |
0.91% |
| Interest rate | 3.40% with a daily balance of $5,000,000 or below
4.33% with a daily balance above $5,000,000 |
0.90% |
| Monthly maintenance fee | $5 | $2 |
| Average daily balance to avoid fee | $4,000 | $1,000 |
| Transactions allowed per month | 6 | 6 |
| ATM card | For sole proprietors only | For sole proprietors only |
You may make up to six transfers or withdrawals by means of a pre-authorized, automatic, PC, or telephonic transfer to another account of yours or to a third party during any calendar month (or statement cycle of at least four weeks). Rates last updated 12/20/2024. Rates are subject to change on any day and will be updated by 10:00 AM EST. Please be sure to check this page after 10:00 AM EST for the rate that will be honored today. Fees may reduce earnings on account. The period used to calculate average daily balance for the Money Market Savings account is monthly. For additional information, visit our Disclosures page.
Ready to get started?
Here is what you will need to have handy:
- Government-issued ID for all signers (driver’s license, passport, state ID card, military ID card)
- Name of authorized signers and beneficial owner(s)
- Legal documents for the business