Savings or money market accounts can help you with your savings goals, and they can also make it easier to set aside money for major purchases or create cash reserves. Along with Certificate of Deposit (CDs) which can earn competitive interest rates, a savings account is a smart addition to any financial portfolio.

Business Money Market Accounts and Savings Accounts

Comparison table of CDs, money markets and HSAs
Business Statement Savings Business Money Market Savings Premium Money Market Savings
Minimum Daily Balance
$200.00 $1,000.00 

$10,000.00

Interest Paid
Monthly Monthly Monthly
Mobile Banking
Yes Yes Yes
Online Banking
Yes Yes Yes
Additional Details

Interest rate is subject to weekly change.

Interest rate is subject to weekly change.

Interest rate is subject to weekly change.

Requirements/Fees

Opening deposit required

Monthly maintenance fee: $5.00 (waived with a $200.00 minimum daily balance).

Opening deposit required

Monthly maintenance fee: $6.00 (waived with a $1,000.00 minimum daily balance).

Opening deposit required

Monthly maintenance fee: $8.00 (waived with a $10,000.00 minimum daily balance).

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