Deposit Accounts

Savings

Business Savings Accounts


Business Savings Accounts to Grow Your Cash

Business savings accounts from Frandsen Bank & Trust provide a place to set aside and grow your business reserves. The accounts earn interest and build peace of mind.
 

Business Savings Account1

Save money for taxes, equipment, or unexpected expenses.

  • Earns interest on all balances
  • $5 monthly maintenance fee waived with $500 daily balance
  • $1 excessive withdrawal fee per transaction when six Regulation D withdrawals are exceeded per calendar month1

Business Certificates of Deposit

A termed low-risk investment option.

  • Earns interest
  • Terms from 3 to 60 months
  • $2,500 minimum opening balance
  • Early withdrawal penalty may apply

1 Federal Regulation D limits certain types of withdrawals and transfers made to a combined total of six per calendar month. This includes checks or drafts to third parties, debit card purchases, preauthorized withdrawals and automatic transfers, and transfers made by telephone, online or mobile banking, Bill Pay, and wire transfer.