Save the Way You Want
for Your Business
Every business owner needs a savings account that allows them to execute the savings strategy they have for their business. The Bank of New Glarus offers two savings options – a business savings account and a business money market account. Each of these accounts offers its own unique benefits while allowing you to save for your business. Contact the business banking team at your local branch office to start the process of opening a business savings account.
Compare Our Business Checking Account Options
Account | Who This Account is For | Minimum Balance Requirement | Account Fees | Account Benefits |
|---|---|---|---|---|
Business Savings Account | Businesses that want a simple savings account that they can use easily. | $100 | $2.00 monthly fee (waived if minimum balance of $100 is maintained) $1.00 per debit fee after 2nd debit (waived if minimum balance of $100 is maintained) | No monthly fee or debit item fee if minimum balance of $100 is maintained Make unlimited deposits Free online banking and eStatements |
Business Money Market Account | Businesses that want to take advantage of tiered interest rates based on their account balance. | $1,000 | $10.00 fee if minimum balance of $1,000 is not maintained | Tiered rate structure earns variable interest rate Make unlimited deposits Free online banking and eStatements |