BUSINESS SAVINGS
Businesses can greatly benefit by having reserve funds or planned savings available when they are needed in business savings accounts. Quickly and easily transfer money to and from our business savings accounts to cover cash flow shortages or for planned expenses. Explore the business savings accounts we offer below, and contact one of our experienced business bankers to set up a customized business solution that meets your needs.
Business Money Market
This account allows you to earn an attractive rate of return with limited access to your money. You'll enjoy a higher interest rate by maintaining a higher balance.
- 6 withdrawals per month ($15 per withdrawal over 6)**
- First order of basic checks free
- Free Online Banking (subject to internet provider or data charges)
- Monthly statements
- Interest paid monthly
Interest tiers:
- $0 – $9,999
- $10,000 – $49,999
- $50,000 – more
The minimum deposit to open is $50
Monthly service fee $15
Any of the following waives the monthly fee:
- $2,500 minimum daily balance
- $3,500 average balance for the month
**TRANSACTION LIMITATIONS. You may make no more than six covered transfers or withdrawals per calendar quarter. A covered transfer or withdrawal includes preauthorized transfer, automatic transfer, telephone transfer, and transaction using the website and mobile application, which will be charged quarterly. In-person, ATM, mail transactions, and transfers to repay a loan at First Vision Bank do not count toward your six transactions.
First Business Savings
Your business can benefit from this simple savings account that helps you earn interest without maintaining a high balance.
- 6 withdrawals per quarter ($3 per withdrawal over 6)**
- Free Online Banking (subject to internet provider or data charges)
- Quarterly statements
- Interest paid quarterly
The minimum deposit to open is $50
The quarterly service fee of $8
Any of the following waives the quarterly fee:
- $500 minimum daily balance
- $1,000 average balance for the month
**TRANSACTION LIMITATIONS. You may make no more than six covered transfers or withdrawals per calendar quarter. A covered transfer or withdrawal includes preauthorized transfer, automatic transfer, telephone transfer, and transaction using the website and mobile application, which will be charged quarterly. In-person, ATM, mail transactions, and transfers to repay a loan at First Vision Bank do not count toward your six transactions.