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Business Savings Accounts

 
Savings | The Ultimate AccountMoney MarketFSB Rates

Why Save with FSB?

Whether you're a small business with immediate savings needs or have a higher balance to manage, FSB has the solution for you. With competitive interest rates and limited checking privileges, FSB's business savings accounts help your money work harder for you!

Find the Right Account

Which Account Is Right For Your Business?

See Comparison Chart

Savings

For Small to Mid-Size Businesses Seeking Simple, Hassle-Free Savings

Tailored for small businesses and those with immediate savings needs, our business savings account is here to help. Whether saving for future investments or building a financial cushion, our business savings accounts are designed to meet your needs.

Features:

  • Minimum Opening Deposit - $50
  • Minimum Balance Required - $100 minimum daily balance to avoid monthly maintenance fee
  • Monthly Maintenance Fee - $3
  • Withdrawals - $0.50 per withdrawal if more than six per month and minimum daily balance less than $2,500

Online account opening is not available for this account - please stop into any FSB Branch to get started!

Ultimate Account

For Businesses Desiring a Combination of a High-Yield Savings Account and CD Benefits

The Ultimate Account seamlessly combines the benefits of CDs and savings accounts, offering monthly access to funds and an attractive higher interest rate. The Ultimate Account caters to personal and business banking needs, providing unique flexibility and potential for growth.

Features:

  • Minimum Opening Deposit  - $10,000
    • Unlimited Deposits of any amount allowed after opening
  • Interest Rate
    • Tiered Interest Rate: See current rates
    • Interest compounds quarterly
    • Interest can be transferred quarterly to an FSB Checking account (Will not compound and may reduce earnings)
    • No Maturity Date
    • Early withdrawal penalty of $50.00 or 7 days interest, whichever is greater
    • Withdrawal penalty waived for one withdrawal completed in the first five business days of each month
  • No Monthly Maintenance Fee

Online account opening is not available for this account - please stop into any FSB Branch to get started!

Additional Terms and Conditions Apply.

Money Market

For Businesses Seeking High-Interest Savings

Seeking an opportunity to earn higher interest on your business savings while maintaining limited checking privileges? With our Business Money Market Account, you can enjoy competitive interest rates while still having the flexibility to make limited checking transactions.

Features:

  • Minimum Opening Deposit $1,000
  • Minimum Balance Required - $1,000 to avoid monthly maintenance fee
  • Monthly Maintenance Fee** -  $6
  • Withdrawals - Allows six transfers per statement cycle; six may be by check; unlimited in-person withdrawals or transfers, and unlimited ATM transactions

Online account opening is not available for this account - please stop into any FSB Branch to get started!

Review and compare accounts. Which one is right for your business?

Account FeaturesSavings

The Ultimate Account*

Money Market
Opening Deposit

$50

$10,000

$1,000

Minimum Balance Required

$100 average daily balance to avoid monthly maintenance fee

$10,000

$1,000 to avoid monthly maintenance fee

Monthly Maintenance Fee**

$3

None

$6

Withdrawals**

$0.50 per withdrawal if more than 6 per month and average daily balance less than $2,500

One withdrawal free during the first 5 business days of each calendar month following month of initial deposit

Allows 6 transfers per statement cycle; 6 may be by check; unlimited in-person withdrawals or transfers, and unlimited ATM transactions

*Early withdrawal penalties may apply.
**Plus applicable sales tax

Contact FSB To Get Started

Contact Us Find a Branch FSB Rates

 

“I’ve been banking with FSB personally and professionally for more than 20 years. I truly appreciate the way their employees know my name and the accounts I have here. It’s a great feeling to hear ‘Hi, Patty’ when I reach the drive-up window. It feels like coming home each time!”

Patty Wise
Co-owner of Network Computer Solutions of Eastern Iowa

Attention: Using FSB's digital banking services, you can now transfer funds between external and FSB accounts. To begin, log in to online banking and accept the terms and conditions.

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