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Business Savings Comparison

Open an account

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Account type options Business Savings Business Money Market
Minimum opening deposit $500 $1,000
Monthly maintenance fee1 $5 $12
No monthly maintenance fee when you meet one of the following requirements during the monthly account cycle
  • Maintain a daily minimum collected account balance of $500 or more
  • Combined average daily collected balance of $750 or more in related deposit balances2
  • Business is enrolled in “Cash Manager Plus” or “Cash Manager Executive” Cash Management services3
  • An average daily collected balance of $3,000 or more
Earns interest Yes Yes
Public Funds savings products are also available. Speak with a banker for more information.
1The monthly maintenance fee is waived for the first two account cycles after opening the account.

2You must designate the deposit accounts or certificate of deposit accounts you want us to link to your account for combined balance waivers. For each designated linked account, the period of time that we use as the basis for calculating the balance, and the day that we use to determine the balance, may be different from the monthly account cycle of the benefiting account. The combined balances will be calculated three days before the monthly account cycle date of your account to determine eligibility for maintenance fee waiver.

3The monthly maintenance fee waiver applies to the account charged for “Cash Manager Plus” or “Cash Manager Executive” Cash Management services.
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