Putting aside money in a savings account is a smart move for any business.
One never knows when funds will be needed for emergencies, to tide your business over when money is tight – or even to take advantage of an unexpected investment opportunity. A savings account can help ensure that you always have funds close at hand and are prepared for any eventuality.
Most of our commercial savings accounts may be opened with a small initial deposit – and all Commercial Capital Bank accounts carry the maximum FDIC insurance coverage to help protect your assets.
Capital Savings Account
A savings account developed specifically for businesses.
The interest rate paid is established at the sole discretion of Commercial Capital Bank and may change at any time.
Interest begins to accrue on the business day you make a deposit
Interest is compounded and paid to your account quarterly
Must deposit $100.00 to open
You may make one (1) withdrawal per month
The charge for additional withdrawals is $2.00 per withdrawal
A minimim balance fee of $1.00 will be charged each month the balance in your account falls below $100.00
Quarterly statements will be mailed
Monthly statements will be mailed to savings accounts with any EFT activity during the month (e.g. direct deposits)