BUSINESS SAVINGS ACCOUNTS Earn a higher interest rate with a business savings account from Core Bank. Get in touch with our team today to set up your new account and start compounding more interest on your money today! Savings Accounts for Your Needs Core Bank offers competitive interest rates to ensure your excess business funds are working for you. Our team of business experts can help you determine the right savings vehicle to meet your needs and even establish cash sweeps to a Money Market to maximize returns SAVINGS ACCOUNT OPTIONS MONEY MARKET With high interest yields, a minimum daily balance of just $1,000 and a low monthly maintenance fee, Core Bank’s Money Market account is designed with business in mind. Account Summary Minimum daily balance: $1,000 Interest: Tiered Monthly maintenance fee: $15 Ways to avoid maintenance fee: Maintain a minimum daily balance Number of free debits per statement cycle: 6 Fee for excessive debits: $15 CERTIFICATE OF DEPOSIT A business CD can allow for a higher return by establishing a term in which you will keep the funds in the account. Account Summary Variety of terms available Interest rate varies based on term Fees = none if funds remain in the account for the term MONEY MARKET Minimum Balance $1,000 Monthly Maintenance Fee $15 Minimum Balance $1,000 Daily Balance Interest Yes* (Tiered) Monthly Maintenance Fee $15 Ways to avoid maintenance fee Maintain A Minimum Daily Balance Number of Free Debits per Statement Cycle 6 Fee For Excessive Debits $15 Business Savings Account FAQs WHAT’S THE DIFFERENCE BETWEEN A CERTIFICATE OF DEPOSIT (CD) AND A MONEY MARKET ACCOUNT? WHAT IF I NEED ACCESS TO MY FUNDS? HOW IS INTEREST CALCULATED? HOW MUCH SHOULD I HAVE IN RESERVE FUNDS TO CONSIDER A SAVINGS PRODUCT? HOW TO OPEN A BUSINESS SAVINGS ACCOUNT To open a business savings account today, stop by any Core Bank location or get in touch with a member of our business banking team today! CONTACT US APPROVED TO OFFER SBA LOAN PRODUCTS UNDER SBA’S APPROVED LENDER PROGRAM. Twitter Facebook Instagram LinkedIn Google Plus © 2021 Core Bank. All Rights Reserved. NMLS# 401393 ATM Locator Privacy Disclosure Security Statement Cybersecurity US Patriot Act Sitemap