Our business savings accounts are a great way to keep cash on hand and prepare for uncertain times. We can help you choose a savings account that puts your hard-earned money to work for your business.
No minimum balance. No monthly service fees. If you have a Breakaway Checking account, you can open a Business Breakaway Savings account and have your balances appear on one consolidated statement. View current rates or apply online.
A money market account can provide higher interest rates while giving you the flexibility to access your funds with limited check-writing capabilities. View current rates or apply online.
If you have longer-term savings goals, a certificate of deposit (CD) offers attractive interest rates over a fixed term. Apply online or contact us to open a CD.
| Term | Interest Rate | Annual Percentage Yield (APY) |
|---|
| 6 Months | 0.15% | 0.15% |
| 1 Year | 0.40% | 0.40% |
| 2 Years | 0.80% | 0.80% |
| 5 Years | 1.30% | 1.31% |
Interest rates and annual percentage yields are accurate as of Tuesday, May 21, 2013. Fees may reduce earnings. All terms require a $500 minimum deposit. Penalties for early withdrawal may apply. A Kennebunk Savings Breakaway Business Checking account is required.
