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Business Deposits Made Simple

Your time is valuable and we work hard to ensure our services stay convenient for you.

From the people who worked on the loans to the approval of the loans. I can't tell you how wonderful it is to be able to have loan officers who not only know what they are doing but are also knowledgeable and helpful."
Dave Salerno

Deposit Services

Flexible banking services ensure you get the solutions you want with competitive rates.

We don’t believe in a transactional, one-size-fits all approach—instead, we will help you find the financial tools that are appropriate for you and your business.

Business money market icon

Business Money Market

  • $100 minimum balance to open an account
  • Tiered interest rate based on account balance
  • FDIC insured up to the maximum amount allowed

Learn more

certificate-deposit

Certificates of Deposit

  • $2,000 minimum balance to open an account
  • Interest rate based on term of investment
  • FDIC insured up to the maximum amount allowed

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checking-account

Checking Accounts

  • $500 minimum balance to open an account
  • No monthly fee if minimum balance is maintained
  • $5,000 minimum balance to earn interest
  • FDIC insured up to the maximum amount allowed
  • Complimentary checks
  • Access to Savoy management

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The Numbers

Get the return you deserve with safe and secure high-yield accounts.

0.80

% APY *
Business Money Market
  • $100 Minimum Opening Deposit
  • $100,000 Minimum Balance to Earn APY

0.75

% APY *
Business Savings
  • $25 Minimum Opening Deposit
  • $10,000 Minimum Balance to Earn APY

0.65

% APY *
Business Interest Checking
  • $500 Minimum Opening Deposit
  • $100,000 Minimum Balance to Earn APY

All Annual Percentage Yields (APYs) are as of 12/8/2020.

* Annual Percentage Yields (APYs) may change after account is open if not a term account. Certificate of Deposits (CDs) Annual Percentage Yields (APYs) are fixed for term of the account.

† If account balance goes below minimum opening balance requirement, fees may apply. Fees may reduce earnings. Outbound wire fees always applies.

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