High Yield Business Savings Account
Build a solid financial foundation for your business and your future with a High Yield Business Savings Account from Small Business Bank. Whether you’re a Micro Business or Small Business owner, the more you invest, the higher the interest rate you’ll get. This all translates into an overall higher return for your business.
What is a High Yield Business Savings Account?
A High Yield Business Savings Account is a smart place to invest your money. Unlike a traditional savings account, the High Yield Business Savings Account allows you to grow your money at an exponentially higher rate compared to the national average for personal accounts—yet you still have easy access to all your funds. You’ll get all the conveniences of a savings account plus amazing interest rates.
Top 10 Benefits of a High Yield Business Savings Account
The High Yield Business Savings Account is a great deal for all levels of investors. As a tiered account, a higher deposit can mean a higher yield. Here’s what’s included with your High Yield Business savings Account:
- It’s FREE
- Quick and easy sign-up*
- Available to business owners across the nation
- Remote funds deposit
- Tiered savings rates
- Your money is guaranteed to work harder for you
- No monthly maintenance fees that eat away at your yield**
- Earn interest on balances set aside for specific purposes, like quarterly taxes
- Easy to manage online
- Each depositor insured for at least $250,000 by the FDIC
Fund transfers are also allowed on a limited basis.
*Minimum balance of $100.00.
**There will be a $10 service charge per month if balance falls below $100 at any time.
We can no longer open a sole proprietor account from a state that does not require the formal registration of a legal fictitious business name (FBN). For a list of states that do not require the formal registration of a legal fictitious business (or trade)name, please consult your state’s filing or register office.
Small Business Bank will continue to accept applications for new business accounts for Limited Liability Corporations or Partnerships (LLC), S or C Corporations, Professional Corporations or Associations (PC or PA), or General or Limited Partnerships (GP or LP) duly registered in the state of formation. We are here to provide your Small or Micro Business with low-cost, value driven banking solutions.