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Stay Proceed

Business Savings Account

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All businesses need savings.

Whether you are starting small and local or own an experienced, reputable business that has been around the block, savings are the foundation of a healthy and successful company.

While you can keep your money in a checking account, a savings account puts your money to work. A savings account, especially one designed for businesses, establishes capital and sets funds aside for operating costs, payroll, and more.

There are two main differences between a savings and a checking account.
Savings accounts accumulate interest

A checking account keeps your money secure, but that’s about it. Almost every savings account does that and comes with a competitive interest rate. Grow your money by keeping it in a savings account with Partners 1st.


Savings accounts require a minimum balance

Some financial institutions expect their business to keep thousands of dollars in their savings account. At Partners 1st, we expect you to keep the amount you started with when you opened the account: $5. That way, your business has the flexibility it needs with its funds.

The best way to operate: have enough in your checking account to cover day-to-day expenses while your savings account builds with accrued interest and sets up your business for the future.
Start Saving

Grow your business with a savings account to achieve your goals. Open an account by calling 800.728.8943 or visiting your local branch.

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