Savings

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Make your money work harder.

Earn interest on your balances while maintaining full access to your funds with a business savings account. Whether you have a small business and are looking to grow your savings or are an established company with a large balance, Select Bank has a savings account that is sure to work for your business.

In addition to low maintenance fees and healthy interest rates, all business savings accounts come with standard benefits, including online banking features.

Business Money Market

Check Out This Great Money Market Special!


A Business Money Market account is a great fit for businesses looking for tiered interest rates based on account balance, and checks at no charge.

-Open with $1,000
-Interest compounded daily and credited to your account monthly
-Checks at no charge
-Allows six preauthorized withdrawals per statement cycle (above 6 there is a $10 per item charge)
$15 monthly service charge. To avoid the monthly service charge, maintain a minimum daily balance of $1,000 or $2,500 average balance. Excessive withdrawals may result in account being converted to a Small Business Banking Checking account. $5 paper statement fee.

Certificates of Deposit (CDs)
We offer a variety of CDs for businesses who want competitive interest rates and flexible terms.

-Open with $500
-All CDs are automatically renewable
-CDs are for individuals and businesses. No brokered CDs. For rate information contact the branch in your area.

Sweep Account
With a business checking account, you can take advantage of our Sweep Account feature (also known as a Repurchase Agreement). A target balance is established in your checking account and each night any funds over the target balance are swept into an investment account that earns competitive interest rates. Contact your customer service representative for more information. Once deposited into an investment account, funds are not FDIC insured.