We offer a Enterprise Savings account for Business Use
The Enterprise Savings account allows you to earn interest on your deposits based on current market rates.
A Enterprise Savings account is a good way to earn more on your money and compliment your Business Checking Account. A Enterprise Savings account can be opened as a "Sweep" Account, automatically transferring funds into and out of the savings account to and from the checking account when certain deposit thresholds are met. This way, the majority of your money can be earning interest, while keeping the liquidity you need in your Business Checking Account.
The $6 monthly maintenance fee will be waived if a minimum daily balance of $500 is maintained. A minimum of $100 is required to open this account. You will receive a monthly statement for this account.
- Unlimited in person withdrawals, deposits, and transfers at Enterprise Bank Banking Centers and ATMs.
- Up to a total of three point of sale transactions each monthly statement cycle.
- No transaction charges for ATM (Automated Teller Machine) usage by Enterprise Bank or ATM surcharges charged by other banks.
- If withdrawal and/or transfer transactions exceed six (6) in a statement cycle, there is a $5 fee per transaction.
- FDIC insured to the maximum amount allowed by law.
Important Notice: Federal regulation and the Enterprise Bank deposit agreement limilts the number of withdrawals and/or transfers that may be made from a savings account by telephone/online transfer (including Enterprise Online Banking and Bill Payment), pre-authorized transferm, check or debit card. You are limited to six withdrawals and/or transfers from your savings account each mothly statement cycle by telephone/online transfer (including Enterprise Online Banking and Bill Payment) or pre-authorized transfer. If the account permits transfers by check or debit card, no more than three of the six limited transfers may be by check or debit card.
Enterprise Online Banking and Bill Payment services are also available with no annual fees and no transaction charges. Internet banking may incur charges from your Internet Service Provider that are not associated with Enterprise Bank.
Click here for other fees and charges you may incur.
Click here for interest rate on this product.
