Our Business Savings Account offers a straightforward way to grow your savings while maintaining easy access to your funds.
At First Reliance, we understand the importance of having a savings account that can grow with you and provide support for emergencies or expansions.
Business
Savings Account KEEP BUSINESS SAFE
|
Business
Money Market Account MORE ADVANTAGES
|
Business
Certificates of Deposit FIXED INTEREST RATE
|
|
Minimum Opening Deposit |
$10 | $1,000 | $500 |
Minimum Daily Balance to Earn Interest |
$0.01 | $0.01 | Full balance |
Monthly Maintenance Fee |
$4 (waived if balance greater than $100) | $10 (waived if balance greater than $1,000) | – |
Interest Details |
Compunded daily & posted quarterly | Compounded & credited monthly | Fixed rate, paid monthly |
Account Access |
24-hour ATM & online banking | Online & telephone banking | Limited until maturity |
Terms Available |
– | – | 1 to 60 months |
Special Features |
Multiple accounts for goals | Tiered interest rates | Automatic renewal at maturity |
Overdraft Protection Available |
– | ||
Early Withdrawal Penalties |
– | – | 2-5% of principal |
FDIC Insured |
Up to $250,000 | Up to $250,000 | Up to $250,000 |
Running a business requires careful cash flow management—but even the most organized companies can face the occasional shortfall. At First Reliance Bank, we understand that timing doesn’t always line up perfectly between receivables and expenses. That’s why we offer Business Overdraft Protection, a simple solution designed to keep your operations running smoothly, even when your account balance runs low.
Open your First Reliance Bank savings account today and take the first step towards achieving your business goals.
Join thousands who trust First Reliance for secure, flexible, and personalized banking solutions.
Find tips for managing money and learn more about what First Reliance does for the community.
You are about to leave First Reliance Bank's website and enter a third-party website. First Reliance Bank may be not responsible for the content, products, services, privacy policies, or security of any third-party sites.