Business Savings
Savings for your business is a great investment! With our business savings accounts, we help you do just that.
Business Savings Account Benefits
- Business Online Banking
- Telephone Banking
- Mobile Banking with Mobile Deposit
Business Savings Account Comparison
Product | Business Savings | Tiered Money Market Savings | Premier Tiered Money Market Savings |
|---|---|---|---|
Opening Deposit | $20 | $2,500 | $25,000 |
Minimum Balance | No minimum balance requirement; however, a balance must be maintained to prevent automatic closing. | $2,500 | $25,000 |
Monthly Fee | $0 | $5 | $25 |
Interest Bearing | Yes | Yes | Yes |
Interest* | Interest is compounded and credited quarterly. | Interest is calculated daily and credited monthly. | Interest is calculated daily and credited monthly. |
Transaction Limit** | Ten transaction limit per calendar month. | Six transaction limit per calendar month. | Three transaction limit per calendar month. |
*Interest rates set by the Bank are subject to periodic change.
** Exceeding the calendar month transaction limit is subject to an excessive withdrawal service fee.
Make the Switch
Are you interested in switching your accounts to Queenstown Bank but you're not sure how to get started? Use our Switch Kit to help you get started today!