Save for Future Purchases
What is the next big thing for your business? Whatever it is, it presumably comes with a cost. A business savings account from Farmers Savings Bank gives you the means to save for upcoming costs.
Non-Personal Savings Account
A basic savings solution, our Non-Personal Savings Account is great for businesses that can’t contribute a lot to
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- Interest is compounded and credited to the account semi-annually
- To avoid a $3.00 semiannual service charge, an average balance of $300.00 must be maintained over a 6 month period
- You can make up to six transfers from this account each statement cycle, including checks, payments to third parties, or preauthorized automatic transfers, telephone transfers, and transfers via online banking or telephone banking
Call or stop by any of our offices today to learn more or apply for your Savings Account!
Non-Personal Premier Savings Account
This account is ideal for businesses of any size looking for savings solutions earning a great rate. Simply meet the minimum balance requirement to have your money work for you!
- To open account you must deposit a minimum of $1,000.00
- If the balance falls below $1,000.00 a $10.00 service charge will be assessed.
- Interest is compounded and credited to the account monthly
- A monthly statement or e-statement
- You can make up to six transfers from this account each statement cycle, including checks, payments to third parties, or preauthorized automatic transfers, telephone transfers, and transfers via online banking or telephone banking
Call or stop by any of our offices today to learn more or apply for your Savings Account!
Gold Money Market Account
If your business has cash sitting in an account earning a minimal interest rate, our Gold Money Market Account is great solution. While it requires a good sized deposit, the monthly compounded interest ensures you get the most for your investment!
- To open account you must deposit at least $10,000.00
- If balance falls below the $10,000.00 minimum, a service charge of $8.00 and $0.25 per debit transaction will occur
- You can make up to six transfers from this account each statement cycle, including checks, payments to third parties, or preauthorized automatic transfers, telephone transfers, and transfers via online banking or telephone banking
- Unlimited over-the-counter deposits or withdrawals
- Interest compounded and credited to the account monthly
Call or stop by any of our offices today to learn more or apply for your Savings Account!