Business Savings
Saving money is fundamental to your business growth. Canyon Community Bank offers a full suite of Business Savings Accounts, Money Markets and CDs- all with your success in mind.
Not sure which one is right for you? Simply give us a call or stop in. We’re happy to help guide you through your choices.
Features |Make your savings work for you
- Interest Monthly
- Unlimited Deposits
- Automatic Savings Transfers
|
Business Statement Savings |
Money Market Savings | ||
|---|---|---|---|
|
Benefits |
Ideal for a business that is just starting to put aside cash. |
Perfect for a business that wants to maximize savings as the balance grows. |
|
|
Opening Deposit |
$100 |
$100 |
|
|
Tiered Interest Rates |
No |
Yes |
|
|
FDIC Insured* |
Yes |
Yes |
|
|
Minimum Monthly Balance* |
$250 |
$2,500 |
|
|
Monthly Service Fee |
$10 monthly fee if daily balance falls below $250 Waived if daily balance is maintained |
$10 monthly fee if daily balance falls below $2,500 Waived if daily balance is maintained |
|
|
Withdrawal Limits |
There are no limits on the amount or frequency of in person withdrawals. A total of 6 external withdrawals or transfers may be made each month. |
There are no limits on the amount or frequency of in person withdrawals. A total of 6 external withdrawals or transfers may be made each month. |
* Deposits are insured by the Federal Deposit Insurance Corporation (FDIC) to at least $250,000 per business entity.
Certificates of Deposit
Guarantee a return on your investment with a CD. Canyon Community Bank CDs offer you a safe and secure savings option.
- Low minimum to open the cd of $1000
- Terms from 30 days to 36 months
- Interest can be compounded to the CD, mailed monthly by check, or deposited to your checking or savings account.
