Set aside extra funds and be ready for the unexpected.
Statement Savings makes saving easy with no fees* and no minimum balance. Plus, all deposit balances are secure with FDIC and DIF coverage.
Opening a business account only takes a few key documents. Review what you may need before applying online or visiting a branch.
Stay connected to your finances wherever you are. With online & mobile banking, your accounts are always just a click or tap away.
Streamline your cash flow with our Business Express Cash Management program, giving you the tools to manage funds efficiently.
Manage everyday expenses securely and showcase your brand with a custom Debit MasterCard® featuring your logo or photo.
What do I need to open an account?
Many businesses can open their account online in under 10 minutes. To check to see if your business is able to open account online and what documents you'll need on hand. View our account opening checklist page >
What is a savings account?
A Business Savings account is a place for your business to set aside extra funds while earning interest. It’s often used to build a cushion for unexpected expenses, save for future investments, or keep cash reserves separate from your everyday operating account.
What is APY?
APY stands for Annual Percentage Yield. It shows the yearly rate of return on your savings, including the effects of interest compounding. This means your interest can earn interest, helping your money grow faster over time.
Are there any transaction limits on a savings account?
At Savers Bank, there are no limits on how many withdrawals or transfers you can make from your savings account. You can access your money when you need it without worrying about transaction caps.
Can I manage my savings account online or on my phone?
Yes! With Savers Bank Online and Mobile Banking, you can easily check your savings balance, transfer money, and track your progress toward your goals anytime, anywhere. Managing your savings is simple, secure, and right at your fingertips.
*Minimum deposit is required to open the account. Fees or other conditions could reduce the earnings. Minimum balance to earn APY is $10.
**When using MX Money Management on your mobile device, data rates may apply.
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