This no-nonsense business savings account offers your organization the opportunity to save with ease.
Variable rate1
First 20 per month: no charge2
30¢ each2
$5,000 or less per deposit
15¢ per $100
15¢ per $100
First 6 / Month - No Charge3
Over 6 / Month - $15 per debit3
$5
$500
Designed for businesses that maintain higher balances, this account combines liquidity and competitive rates.
Variable rate1
First 20 per month: no charge2
30¢ each2
$5,000 or less per deposit
15¢ per $100
15¢ per $100
First 6 / Month - NoCharge3
Over 6 / Month - $15 per debit3
$15
$2,500
If your business has excess operating balances to set aside for purchases, payments or seasonal needs, a time deposit may be the perfect fit.4,5
Fixed rate during term of account5
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
For all details, account definitions, features and fees, please refer to our Business Deposit Accounts Fee & Information Schedule.
For more information:
Accurate as of August 1, 2024. All accounts subject to approval. Restrictions and limitations may apply.
At any time and at the discretion of BAC Community Bank standard features and account requirements may change after account is opened. Customer may need to initiate use of some services by enrolling in or requesting the service.
Cannabis Related Businesses, Money Service Businesses, Non-Bank Financial Institutions, and Private ATM Service Providers are not eligible for any of these accounts, except Commerce Analyzed Checking.
Footnotes for Business Savings Accounts & Certficates of Deposit at BAC Community Bank
1 Minimum balance may apply. Please contact us or visit your local branch for current rate information. At our discretion, the bank may change variable interest rates and annual percentage yields. The current interest rate, annual percentage yield, balance and tier requirements associated with our accounts are documented in our Deposit Rate Schedule.
2 A Deposited Item refers to any combination of deposits (except mobile deposits, 60 cents ea.) and deposited items.
3Savings and money market accounts are designed to help organizations set aside and save funds as needed. These accounts are not transaction accounts therefore no more than 6 withdrawals of any type are permitted during your monthly statement cycle.
If you regularly exceed 6 withdrawals of any type during a statement cycle, BAC Community Bank may convert your savings or money market into a checking account or may close your account.
4 Certificates of Deposit are term accounts subject to early withdrawal penalties. Please refer to Business Deposit Accounts Fee & Information Schedule and Truth In Savings disclosure for details.
5 The Certificate of Deposit interest rate and annual percentage yield is fixed for the term of your account. Minimum balance may apply. Please contact us or visit your local branch for current rate information.
