Put some eggs in one of these baskets.
Savings accounts are a great way to grow your money while still maintaining flexibility and access to your funds.
They offer better interest rates than checking accounts but you can still withdraw funds multiple times each month.
Business savings accounts at Security State Bank & Trust
Business Choice Money Market Offering the best rates if you can maintain a minimum balance. | Business Savings A simple account with no minimum balance | |
Minimum deposit to open
| $50 | $50 |
Minimum daily balance to avoid service fee You have until the last business day of the month in which the account is opened to meet the minimum balance requirements to avoid the service charge fee. | $2,500 | None |
| Service charge fee | $10 | None |
Free withdrawals per month Calculated per monthly statement cycle. | 6 | 6 |
Fee if you withdrawal more than 6 times/month
| $10 each | $2 each |
| Other limits | Limited to one account per primary account owner Tax ID Number | None |
| Free Mobile and Online Banking, including mobile deposits with the SSB&T Mobile App | ★ | ★ |
| Free electronic or paper statements | ★ | ★ |
Deposits will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000.00), for each deposit insurance ownership category. For more information, visit www.fdic.gov.
Open a business savings account
The folks here always give 5-Star Customer Service! I could not ask for a better experience every time I visit the Spicewood Branch. I highly recommend their services.
