Business Savings Accounts
There’s no better time than the present to get your business ready for the future.
Our business savings accounts programs put the money you have on hand to work for your business’ bottom line. With options like savings and money market accounts, saving for your business can be an important part of your profit plan and growth. Put aside your extra cash when profits are high and watch it earn interest so your cushion is bigger by the time you need to use some of it to fill in a cash flow gap or pay for a major one-time expense. Invest in the future of your business with a business savings account.
|Prime Business Money Market||Business First Class Savings|
|Earns interest while allowing liquidity like a savings account||Offers a foundation to help build savings for life's unexpected expenses|
|Opening Deposit Minimum||$2,500||$100|
|Monthly Fee||$12 if the balance falls below $2,500 any day of the month||$5 if the balance falls below $500 any day of the month|
|Tiered Interest Rate||Yes based on account balance||Yes based on account balance|
|based on account balance||based on account balance|
Your community bank is the perfect partner for your local business
CBTFL has been supporting small and local businesses for the past two decades. Today, we are one of the few remaining community banks in North Central Florida. Our history and success have taught us how to help local businesses thrive. And no one has more expertise in the local economy than our employees who live and work in your community. When you choose CBTFL for your business banking needs you benefit from our flexibility, local decision making, and longtime presence in the communities we serve. CBTFL is also a Bauer Financial 5 Star Rated Bank.
Small Business Savings Accounts
CBTFL offers two options for business savings accounts. Our Prime Business Money Market account allows you to earn money on your savings while enjoying check writing privileges (limitations apply) and the ability to transfer funds to your business checking account should you need to. If you would like to start with a lower initial deposit, our Business First Class Savings also accrues interest and can be linked to your checking account.
Full-service banking for all of your business’s financial needs
In addition to business savings accounts, CBTFL offers a full menu of relevant financial services for businesses including cash management, business checking, and various business loan products. Contact us today to learn more about our business savings accounts and other options to help you manage and grow your business.