Yes, Presence Bank offers online applications for business savings accounts. Our application includes details about you and your business, so we have all the information necessary to begin the account creation process.
Our business accounts are created with your best interest in mind — not ours. Simply put, our accounts are designed to help your business prosper.
Whether you’re putting money toward a goal or setting aside money for bills, do it all with a savings account from Presence Bank.
With a business savings account, you can put aside excess money and earn interest separate from your regular operating account. These accounts let you save up to achieve business goals or give yourself a fund to pay unexpected expenses.
In addition to offering an option for businesses, savings accounts can benefit:
With our savings solutions, you can accelerate your business growth or provide additional support for your municipality or not-for-profit. We offer options for businesses seeking to start saving or those with more financial resources that want savings with higher returns. Our team can even assist you in exploring the details of various options, so you get the right fit.
Presence Bank has been a community resource for businesses since 1919. Our banking services focus on giving you easy access to the resources you need to prosper. As a local bank, we care about building trusting relationships and getting to know your business, not-for-profit or municipality. Create a long-term bond with us that supports you as you begin and grow.
One way we support you is through our savings accounts, which let you set aside cash for future use. Our comprehensive business services also include checking accounts, loans and cash management. We’ll help you successfully manage your funds so you can thrive.
1 A monthly maintenance fee will be assessed if minimum balance is not met. Please contact a local branch for current rates and fees applicable to each account. Fees may reduce earnings.
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Business, Not-for-Profit, & Municipal Money Market |
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| Minimum Opening Deposit Requirement | $1,000.00 |
| Minimum Balance to Avoid Fees | $10,000.00 |
| Monthly Maintenance Fee1 (if balance not met) | $10.00 |
| Interest Structure |
$0.01 – $2,499.99 |
| Get Rates | |
| Open An Account |
1 A monthly maintenance fee will be assessed if minimum balance is not met. Please contact a local branch for current rates and fees applicable to each account. Fees may reduce earnings.
At Presence Bank, we want to help your business prosper. Learn more about business savings with the following questions and answers.
Yes, Presence Bank offers online applications for business savings accounts. Our application includes details about you and your business, so we have all the information necessary to begin the account creation process.
A business savings account provides a separate place where you can set aside funds. These accounts have advantages like:
