Business Savings

Business Savings Account

This straightforward savings account can help put your business in a position to take advantage of opportunities when they arise. Receive a competitive rate and access to your funds when needed.

  • Competitive, tiered interest rates
  • Accrues daily, compounds and is credited quarterly
  • Free online banking
  • Avoid $5 monthly service charge by maintaining $250 minimum daily balance
  • 6 free debit transactions per month; a fee of $2 for each transaction may apply for exceeding transaction limits*
  • $100 minimum deposit to open
  • Account can be linked to a checking account for overdraft protection for only $6 per transaction

*Transactions of this order can be made to another account at this bank or to a third party by means of a preauthorized, automatic, telephonic, or computer transfer; or by check, draft, debit, debit card or similar order.

Business Money Market Account

Increase your earning potential without locking up your funds. In fact, access is enhanced with direct check-writing ability.

  • Tiered rate structure
  • Ability to earn higher rate with larger balances
  • Enhanced access to funds via direct-check writing:
  • Unlimited in-person withdrawals or by mail
  • 6 free transfers per month via check, telephone, computer, or pre-authorized automatic transfer; $10 fee for transfers in excess thereafter
  • Free online banking
  • Avoid $15 monthly service charge by maintaining $2,500 minimum/average balance
  • $1,000 minimum deposit to open

Certificates of Deposit (CDs)

Improve your earnings without risking any of your company's cash assets. Simply pick the term and your funds earn a guaranteed fixed rate. By laddering maturity dates, you can add liquidity to your CD investments.

  • Higher returns than savings accounts
  • Fixed rates for length of term
  • Interest can be credited back to the account for compounding
  • Or paid quarterly via transfer to another TBB account
  • Jumbo rates available for balances of $100,000 or more
  • Terms range from 6 months to 5 years
  • Early withdrawal penalties apply
  • Renew automatically
  • 10-day grace period
  • $1,000 minimum deposit to open