Set Aside Money for the Future
As a business owner, there’s no doubt you’ve thought about the future of your company and how it can grow. While exciting, growth also requires cash. A business savings account or certificate of deposit (CD) from Axiom Bank allows you to proactively build cash reserves for future expenses, both expected and unplanned.
Business Savings Account
An ideal savings solution regardless of the size of your business! Business Savings helps your money grow with a competitive interest rate, and keeps your money readily accessible whenever you need it. Additionally, you get the benefits of our Online Banking and Mobile Banking services to monitor and manage your money.
- $25 minimum deposit to open
- $12 fee per quarter if daily balance falls below $1,000
- Interest paid on entire balance
- Three withdrawals per quarter at no charge; $10 per withdrawal thereafter*
*Federal regulations limit third party or pre-authorized transfers on this type of account. Learn more about Regulation D.
Long-term investments are often somewhat risky. A CD from Axiom Bank takes the risk out of your investment strategy through a locked-in interest rate. Your CD is also insured by the FDIC up to $250,000, making it a very secure way to diversify your business savings. We also offer Jumbo CD options for deposits of more than $100,000.
- $500 minimum opening deposit
- Competitive fixed interest rates
- Terms ranging from 6 months to 5 years
- Penalty for early withdrawal of funds
Be sure to check our most current CD rates!