Skip to main content

Business Savings Accounts

Business Savings Accounts

Regardless of your size or industry, we can help you make saving an essential component of your financial strategy. Savings accounts often accrue interest over time, providing your business with a passive source of income that can be reinvested into the company or used to bolster reserves further. By regularly setting aside funds in a dedicated business savings or certificate of deposit account, you can mitigate the impact of economic downturns, fluctuations in cash flow, or sudden market shifts. First Freedom’s Business Money Market Savings or Business Certificate of Deposit has just what you need to help your business thrive and grow.

First Freedom Bank Money Market Savings
Icon is a red wallet, and used for decorative purposes.

Business Money Market Savings

  • Earns competitive interest

  • No monthly service charge with a minimum balance of $1,000 ($7 service charge each statement cycle for balance below $1,000)

  • Instant Issue ATM/Debit Card

  • Free Internet Banking & Bill Pay (Third-party message, data, and/or internet service provider rates may apply, as applicable)

  • Overdraft line of credit with approval

  • Imaged bank statement or e-statement available

First Freedom Bank Business Certificate of Deposit
Icon is of a percent sign combined with an upward facing arrow, and is used for decorative purposes.

Business Certificate of Deposit

Earn competitive interest with terms of 7 days to 5 years. You choose the term that best fits the current needs of your business.

Savings Accounts to Help You Grow

Maintaining a savings account can give you more stability, flexibility, and resilience in navigating the business landscape. Having a savings account fosters financial discipline within the organization, encouraging responsible spending and ensuring that funds are readily available for investment opportunities or strategic initiatives.

We’re not just a bank but a partner.

At First Freedom, we’re not just a bank but a partner in your business’s success.  Contact us today to explore how we can help your business thrive and grow.

How Can We Help?