Open a Business Savings Account
Business Savings
First Federal Bank is committed to helping you safeguard your funds, while still ensuring they’re accessible. It’s why we offer flexible savings account options for businesses big and small. We’ll help you grow your enterprise little by little, whether you’re saving a nest egg or planning for future expansion. Rest assured, your savings are in good hands.
- No fee for minimum daily balance of $200 (per calendar quarter)
- $15 quarterly fee for daily balances below $200
- Maximum nine (9) withdrawals per calendar quarter
- $5 charge per withdrawal in excess of nine (9) per quarter
Business Money Market (Cash Investment)
Our cash investment accounts are tiered to meet the needs of businesses of all sizes. There’s no fee on any business cash investment account with a minimum daily balance of $2,500 ($12 fees for lower balances). Business owners get the benefit of six (6) free withdrawals per month, such as ACH transfers, check writing, online transactions and debit transactions. Accounts bear interest based on tiered account balances.
Grow Your Business’s Savings
Ready to start putting money away for your next big step? Open a business savings account with First Federal Bank today and let us help you build the path to a prosperous future. Our business savings accounts are the perfect way to safeguard your profits, so they become funding for tomorrow’s next great opportunity. Call today to speak with a business banker.