Business Savings
Saving time and money for your business.
It doesn’t take hard work to realize some of the best interest rates for your business. Here are just some of the savings options available to your business:
Business Savings Accounts
Make your saving goals a reality with a business account that offers a competitive interest rate on your balance.
Business Money Market
Looking for more from your business savings? Get more with a money market account.
Business Certificate of Deposit
Accounts available with competitive interest rates and a variety of terms to meet your business needs.
Health Savings Account
Help yourself and your employees pay for current qualified health expenses and save for future expenses
Want to compare these accounts side by side?
Savings Account Comparison
| Account | + | Opening Deposit | Minimum Balance to Avoid Service Charges | Monthly Service Charge | Unlimited Check Writing | Interest Bearing |
|---|---|---|---|---|---|---|
| Business Savings Account | Savings Details | $0 | $100 |
$2 if balance
below $100
|
No | Yes |
| Business Money Market Account | Money Market Details | $0 | $2,500 | $10 if balance below $2,500 | No | Yes |
| Business Certificate of Deposit | CD Details | $500 | $0 | $0 | No | Yes |
| Health Savings Account | HSA Details | $0 | $0 | $0 | Yes | Yes |
Account Details
Business Savings Account
- Variable interest rate
- Interest compounded and credited monthly
- Withdrawals made by electronic transfer or check are limited to 6 per month
- $2 monthly fee if the balance falls below $100 any calendar day of the month
- A withdrawal fee of $1 may apply if the number of transactions exceeds allowable limits
- Fee Schedule
Business Money Market Account
- Variable interest rate
- Interest compounded and credited monthly
- Withdrawals made by electronic transfer or check are limited to 6 per month
- $10 monthly fee if the balance falls below $2,500 any calendar day of the month
- A withdrawal fee of $1 may apply if the number of transactions exceeds allowable limits
- Fee Schedule
Business Certificates of Deposit
- Fixed interest rate for the term of the Certificate of Deposit
- Various terms available
- $500 minimum opening deposit
- Your Certificate of Deposit may be insured by the FDIC. See our FDIC Notice for details
- Penalties may apply for early closure
- Interest rates may change at renewal
- Fee Schedule
Health Savings Account
- Variable tiered interest rate account
- No minimum balance
- No monthly service charge
- Free box of First Bank of Wyoming checks per year
- Unlimited check writing
- Free VISA® Debit Card
- Available with a qualifying High Deductible Health Plan (HDHP) – please consult a High Deductible Health Plan provider regarding eligibility and contribution/distribution requirements.
- Unused funds are retained and not forfeited at year-end as with some flexible spending accounts
- Fee Schedule