Additional Business Savings Options
Business Money Market
This savings option earns money market rates while you maintain access to your funds:
- Opening deposit of $50
- Tiered interest rate
- No service charge with a minimum $1,000 daily collected balance; or $8 per month with a lower balance
- Interest earned on balances of $1,000 or more
- Limit of six withdrawals per statement cycle; excessive transaction fee of $8 per transaction over six
Business Savings
This option is designed with your company’s growth in mind. It offers:
- Opening deposit of $50
- No service charge with a minimum $250 daily collected balance; or $4 per month with a lower balance
- Interest earned on balances of $100 or more
- Two withdrawals per month at no additional charge; $2 per withdrawal in excess of two, with a limit of six withdrawals per month
Contact us to determine the right savings option for your business. If you have an existing business banking relationship with Cadence, contact your Business Banker or Treasury Management Specialist.
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