Business Savings

Savings made seamless

Business Savings is a dividend-bearing savings account available to businesses with a Business Checking or CheckingPlus account. It allows businesses to sweep targeted daily limits from checking into savings while maintaining a business savings option with no minimum balance and no monthly service charge.

  • Earn dividends
  • Eligible for sweep when paired with Business Checking or CheckingPlus
  • No minimum balance
  • No monthly service charge

Business Savings FAQs

What is a business savings account used for?

A business savings account helps you set aside funds for future expenses, emergencies, growth opportunities, or other business goals while earning dividends.

What do I need to open a business savings account?

You’ll need your business formation documents, EIN or Tax ID, and a valid ID for all authorized signers. Requirements may vary by business type.

How is a business savings account different from a business checking account?

A business savings account is designed for saving and earning dividends, while a business checking account is used for everyday transactions such as payments, deposits, and purchases.