Business Statement Savings Account

Our Business Savings Accounts earn a competitive rate of interest on your balances with a low minimum balance requirement. Keep your money safe. An FDIC-insured account is an ideal place to safeguard and earn interest while enjoying easy access to your funds and maintaining the liquidity you need.

Account Details

  • Minimum opening deposit: $100.00
  • Minimum balance: $100.00
  • Interest will be compounded daily and credited quarterly.
  • Check-imaging: Free.
  • Combined Statements: Free.
  • Online Banking: Free.
  • Business Visa┬« Check Card: Free.
  • Business Credit Card: Subject to credit approval

A maintenance fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $100.00 any day of the cycle.

Transfers from a Savings Account to another account or to third parties by preauthorized, automatic, telephone, computer transfer or by similar order to third parties are limited to six per monthly statement cycle

A maintenance fee of $1.00 will be charged for each transaction in excess of six per monthly statement cycle.

Enjoy these additional valued services:

  • Detailed monthly statement
  • Direct Connect 24-Hour Telephone Banking
  • Remote Deposit Capture
  • Merchant Card Services
  • Night Depository Service
  • Telephone and online transfers to and from your Bank of Bourbonnais Business accounts