Every business needs a strong foundation. Our savings accounts give you a multitude of ways to secure your present and build for the future. Rest assured, our business bankers will work with you to find the right savings solutions for your needs. Options include:
Low balance savings accounts: Straightforward and flexible, this type of account gives you a competitive interest rate, easy access to your money, and the chance to grow your business savings without worrying about maintaining a hefty balance.
Tiered interest savings accounts: This type of account usually requires a higher balance. As your savings grow and reach pre-determined tiers, your interest rate will increase as well.
Money market account: A smart option to a business savings account, our money markets provide a competitive interest rate and access to your money via checks or withdrawals.
The No Hitch Switch
We can help you easily transition from your previous financial institution to your new account at Prospect Bank. All you will need to do is provide information about your previous bank account, any automatic debits and direct deposits. We have forms and checklists to help you with this process!
This Account Is Best For You If: Your business prefers simplicity and doesn’t want to worry about fluctuating balances.
This Account Is Best For You If: You are a non-profit organization that would like a lower daily balance requirement, but still save for the future.
This Account Is Best For You If: You have long-term savings goals, but want the flexibility to increase your balance through tiered interest earning.
Before you sign up for Online Banking you must read and accept the following agreement. To accept, read the agreement and then click the Accept button.
|Type||Transaction Limit||Daily Limit||Monthly Limit|
|Next Day Inbound||$2,000.00||$2,000.00||$5,000.00|
|Next Day Outbound||$2,000.00||$2,000.00||$5,000.00|