Business Savings
You have all sorts of reasons to save—leveling out cash-flow cycles, getting ready for an upcoming strategic initiative or expansion, preparing for an emergency expense, or just keeping cash reserves separate from operating funds. Depending on how and when you plan to use your reserves, TowneBank can offer you a range of safe, secure, interest-earning savings options. Talk with your experienced, local TowneBank professional about finding the one that works best for your savings objectives.
Choose the accounts you want to compare.
You've chosen of account(s) to compare |
Cashflow SaverAn interest-bearing savings account for new and growing businesses |
Cashflow Money MarketsMoney market accounts with competitive rates and easy access to funds |
Business CDBest for businesses with cash reserves that can be held for a specified period of time. |
Community PartnersA savings account designed specifically for non-profit organizations with competitive interest rates |
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Minimum Opening Deposit |
Cashflow Saver$50 |
Cashflow Money Markets$50 |
Business CD$100 and up available |
Community Partners$50 |
Required Minimum Daily Balance |
Cashflow Saver$300 |
Cashflow Money Markets$2,500 |
Business CDVaries |
Community PartnersNo minimum balance |
Maintenance Fees |
Cashflow Saver$6 monthly fee, if daily minimum is not met |
Cashflow Money Markets$12 monthly fee, if daily minimum is not met |
Business CDNo monthly service fee |
Community PartnersNo monthly service fee |
Access to Online and Mobile Banking |
Cashflow Saver |
Cashflow Money Markets |
Business CD |
Community Partners |
FDIC Insured |
Cashflow Saver |
Cashflow Money Markets |
Business CD |
Community Partners |
Source for Overdraft Protection |
Cashflow Saver |
Cashflow Money Markets |
Business CDNo |
Community Partners |
All Accounts Include
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Monitor your accounts, make transfers and pay bills online.
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Mobile* access with mobile deposit.
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Personalized banking with a dedicated, local business banker.
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Easily go paperless with electronic statements.
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Access to financial planning tools such as Quickbooks® and Quicken®^.
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Access to local Merchant Solutions Team and Treasury Services Specialists.
*Your mobile carrier's web access and text messaging charges may apply. Mobile check deposit is subject to eligibility and further review. Deposits are subject to verification and not available for immediate withdrawal. Deposit limits and other restrictions apply. All terms applicable to Online Banking apply to Mobile Banking.
^Quicken® and Quickbooks® are registered trademarks of Intuit Inc. First 3 months free, $10 per month thereafter.