Business Savings and Money Market

SBIC's Business accounts and services are smartly designed to give owners a rewarding banking experience. If you want a high fixed rate of return, the option to bank online and in-person, and the flexibility to access cash when you need it, our Business Savings and Money Market accounts are the right choice for you and your company.

A variety of account options to fit your savings goals

  • Business Savings
  • Premium Business Money Market
  • Business Money Market

All of our Savings and Money Market Accounts Include

  • Interest Earning
  • Online Banking
  • Mobile Banking
  • Debit Card
  • eStatement

Account Comparison

Choose the best account for your needs

Business Savings

Premium Business Money Market

Business Money Market

Ideal for

Businesses looking for a smart basic savings plan

Businesses looking to maximize interest earning and requiring limited access to funds

Businesses looking to maximize interest earning and requiring limited access to funds

Minimum Initial Deposit

$500

$100,000

$500

Monthly Service Fee

$10

$10

$10

Maintain a Daily Minimum Balance of to Waive the Monthly Fee

$500

$500

$500

Account Transactions per month and transaction fees

Six
$10 fee will be charged for each transaction more than 6 per month

Six
$10 fee will be charged for each transaction more than 6 per month

Six
$10 fee will be charged for each transaction more than 6 per month

The information you'll need to apply

  • Business documentation such as organizing documents, filing documents, articles of incorporation, and/or certificate of resolution.
  • Business Tax ID Number (TIN)
  • The Social Security Number (SSN), address, and date of birth of all business owners
  • Name and address of the business
  • The state in which the business was formed
  • Date the business was established

 

1Interest rate is variable and may change without notice. Interest is calculated on the daily collected balance, compounded daily, and credited monthly. Interest begins to accrue on the first business day the Bank receives credit for the deposit of non-cash items (e.g., checks). For current rates, please visit the Deposit Rates page, call us at 1-877-707-1995, or visit your preferred local branch.

2Standard Online Banking included through Consumer Online Banking (CoB), the personal and small business online banking portal. For access to Business Online Banking (BoB), additional charges may apply. Please speak with one of our Branch Representatives or Relationship Officers for full details.

Flex Home Promo

Product Selector

Find the best deposit account for you

Learn More
back to top