Business Savings Accounts
Earn a higher interest rate with a business savings account from Core Bank. Apply for your new account to start compounding more interest on your money today!
Savings Accounts for Your Needs
Core Bank offers competitive interest rates to ensure your excess business funds are working for you. Our team of business experts can help you determine the right savings vehicle to meet your needs and even establish cash sweeps to a Money Market to maximize returns.
Learn more on our blog, Saving Money: Let Core Bank Help You Grow Your Financial Goals.
Savings Account Options
Money Market
With high interest yields, a minimum daily balance of just $1,000 and a low monthly maintenance fee, Core Bank’s Money Market account is designed with business in mind.
Account Summary
- Minimum daily balance: $1,000
- Interest: Tiered
- Monthly maintenance fee: $15
- Ways to avoid maintenance fee: Maintain a minimum daily balance
- Number of free debits per statement cycle: 6
- Fee for excessive debits: $15
Certificates of Deposit (CDs):
Put Excess Cash to Work
Managing excess cash effectively is an important part of running a successful business. Core Bank Business Certificates of Deposit (CDs) provide a secure, low-risk way to earn competitive interest while keeping your funds protected.
Business CDs offer fixed interest rates and defined terms, allowing you to plan ahead with confidence and align your savings strategy with your cash-flow needs. With predictable returns and FDIC insurance, CDs can be a smart addition to your overall business banking strategy.
-
Competitive fixed rates to maximize idle funds
-
Flexible term options to match business timelines
-
Secure, FDIC-insured deposits up to applicable limits
Whether you’re setting aside funds for future expenses, capital investments, or reserves, Core Bank Business CDs help your money grow safely while supporting long-term financial stability.
All business savings accounts come with instant, secure access to online and mobile banking services!
Money Market
Minimum Balance
$1,000
Monthly Maintenance Fee
$15
| Minimum Balance | $1,000 Daily Balance |
| Interest | Yes* (Tiered) |
| Monthly Maintenance Fee | $15 |
| Ways to avoid maintenance fee | Maintain A Minimum Daily Balance |
| Number of Free Debits per Statement Cycle | 6 |
| Fee For Excessive Debits | $15 |
Business Savings Account FAQs
Can a business have a high yield savings account?
Yes! Core Bank offers Money Market and Certificate of Deposit (CD) savings accounts for businesses, depending on the type of account you request, the interest rate may be higher. We recommend all businesses sign up for a savings account because it is good business practice, and protects your company from unexpected costs, as well as benefitting you in other ways.
What is the difference between a Core Bank Certificate of Deposit (CD) and a Money Market account?
A Core Bank Certificate of Deposit (CD) account is a savings account that has a fixed term and interest rate. A Business Money Market account has a tiered interest rate (APY), and those rates vary and can access your money through multiple withdrawals per month. Which business savings account is best for you will depend of your type of business and its financial requirements. Contact us today to learn more about your options!
How is business savings account interest calculated?
Our Interest Bearing Accounts accrue daily. Interest is compounded and credited quarterly, while Core Bank Business Money Market account interest compounds daily and is credited to your account monthly on the last day of your statement cycle.
How do I open a business savings account?
Opening a Core Bank Business Savings Account is simple! You can contact a Core Bank expert staff member by calling 1-877-968-7672. Individual signers will be required to provide personal information, a government-issued ID, and additional information depending on your business type. Both Core Bank Money Market and Certificate of Deposit Savings Accounts require a $1,000 minimum deposit to open.
How to Open a Business Savings Account
To open a business savings account today, stop by any Core Bank location or get in touch with a member of our business banking team today!
Find a Core Bank Near You
Core Bank proudly offers personal and business banking solutions made for you. With banking centers in Omaha and Overland Park, we’re here to help you borrow and save confidently. Discover your nearest Core Bank today!
