business savings account

Business Banking · Savings

Business Savings Account Overview

Our family of Central Bank business savings accounts keep your business funds secure and growing to better help you reach your business goals. Easily view business savings account levels using our Central Bank mobile app or our modern online banking services.

 

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Statement Savings Account

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  • A convenient way to plan for the future and manage your money with ease
  • $100 minimum to open
  • 0.10% interest paid quarterly
  • $100 minimum balance
  • Unlimited ATM and in-office withdrawals
  • Six total withdrawals and transfers allowed per month
  • Additional withdrawals/transfers $1 each
  • $3 quarterly service fee if minimum daily balance is not met

Money Market Account

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  • Maximize earnings with the convenience of checking—your best bet for personal investment dollars
  • $1000 minimum to open
  • 0.10% interest paid monthly
  • $1000 minimum balance to earn interest
  • Unlimited ATM and in-office withdrawals
  • Six total withdrawals and transfers allowed per month
  • Additional withdrawals/transfers $9 each
  • $9 monthly service fee if minimum daily balance is not met

High Yield Money Market Account

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  • Allows higher interest for those who want the convenience of online transactions and statements
  • $10,000 minimum to open
  • 0.5% interest paid monthly
  • $10,000 minimum balance to earn interest
  • Six total withdrawals and transfers allowed per month
  • Additional withdrawals $10 each
  • $10 monthly service fee if minimum daily balance is not met
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Withdrawals and Transfers

Savings accounts allow you six total withdrawals and transfers per month. Withdrawals and transfers include: telephone transfers, ACH payments, drafts, checks, and point of sale transactions. You also have unlimited free Central Bank ATM and in-office withdrawals. Fees apply if limit is exceeded.