Savings Accounts & CDs
We offer various savings & Certificate of Deposit (CD) accounts each with its own unique features and conditions. Check out our Business Saving and Certificates of Deposit accounts.
Business Savings
These interest-bearing savings accounts are available to corporations, partnerships, sole proprietorship, business associations and certain trust entities.
Balance Information: See our Schedule of Fees and Charges – Business Accounts for fees related to this account, minimum balances to avoid fees and for more information. Contact us or pick up a copy of our Schedule of Fees and Charges at your local branch.
Business Savings Features and Other Available Services:
- Competitive Interest Rates
- Visa® Debit Card
- Account Alerts and Actions via Online Banking & Online Bill Pay
- Online Transaction Downloads to Quicken® or QuickBooks®
- Online & Paper Statements
- Telephone Banking
- Sweep Transactions
- Zero Balance Reporting
- Remote Deposit Capture
- Mobile Banking (Message and data rate charges may apply)
Rate Information: This is a variable-tiered rate account. Our interest rates are highly competitive; please contact us for current interest rates.
Business Certificates of Deposit
We offer time deposits, also known as Certificates of Deposit (CD). With these accounts, you agree to keep a specified amount of funds deposited for a fixed term. These accounts are available to corporations, partnerships, sole proprietorships, business associations, certain trust entities and public and governmental entities.
Balance Information: See our Schedule of Fees and Charges – Business Accounts for fees related to this account, minimum balances to avoid fees and for more information. Contact us or pick up a copy of our Schedule of Fees and Charges at your local branch.
Business CD Features and Other Available Services:
- Competitive Interest Rates
- Fixed Terms
- Monthly Compounding
- Interest Payments
- Online Banking
- Telephone Banking
- Mobile Banking (Message and data rate charges may apply)
Rate Information: This is a fixed rate account. Our interest rates are highly competitive; please contact us for current interest rates.
Business Deposit Interest Rates
Preferred Bank accounts are insured by the Federal Deposit Insurance Corporation (FDIC). Feel
free to use the FDIC's Insurance Estimator (EDIE) to tell you how your Preferred Bank accounts are federally insured.
- Business Deposit Rates - contact a local branch for Business Deposit Interest Rates
- FDIC Insurance Estimator (EDIE)
Trade Finance & Services
Preferred Bank has solutions to help you manage risks and optimize working capital.