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Business Savings Account

Plan for the future of your business with a savings account.

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Grow your business with savings solutions

Plan now to become a pillar in your community long into the future. We want to help you succeed with a savings account that gives you a place to put aside cash flow for a future expansion or unexpected events. Keep your goals in reach.

Here’s how it works:

  • Contact us to apply or at one of our branch locations.
  • Earn interest with competitive interest rates.
  • Manage your accounts on your mobile device or online.

Discover Our Business
Savings Accounts

Business Harbor Savings

Save and earn with tiered interest rates. No minimum balance required and no monthly service fees.

Business Performance Money Market

A money market account with competitive interest rates. Access your funds with check-writing capabilities.

Certificates of Deposit (CD)

A secure investment for longer-term savings goals, you can put money here and not touch it. A CD offers attractive interest rates over a fixed term.

Today’s Business Harbor Savings Rates

MINIMUM BALANCE TO EARN APY Interest Rate APY
Tier 5 ($100,000.00 and above) 0.10% 0.10%
Tier 4 ($50,000.00-$99,999.99) 0.07% 0.07%
Tier 3 ($25,000.00-$49,999.99) 0.05% 0.05%
Tier 2 ($10,000.00-$24,999.99) 0.05% 0.05%
Tier 1 ($0.01-$99,999.99) 0.01% 0.01%

Interest rates and Annual Percentage yields (APY) are accurate as of Monday, August 02, 2021. The rates may change after account is opened. Maximum daily balance is $2 million for business accounts. Fees could reduce earnings. Other conditions may apply. Limited time offer may be withdrawn any time. $1.00 minimum deposits to open account.

Today’s Business Performance Money Market Rates

MINIMUM BALANCE TO EARN APY Interest Rate APY
Tier 3 ($50,000.00 and above) 0.05% 0.05%
Tier 2 ($25,000.00-$49,999.99) 0.03% 0.03%
Tier 1 ($0.01-$24,999.99) 0.01% 0.01%

Interest rates and Annual Percentage yields (APY) are accurate as of Monday, August 02, 2021. The rates may change after account is opened. Fees could reduce earnings. Minimum deposit to open account $1.

Today’s Premium Certificates of Deposit Rates

Term Interest Rate APY
6 Months 0.10% 0.10%
12 Months 0.15% 0.15%
24 Months 0.30% 0.30%
60 Months 0.45% 0.45%

Interest rates and Annual Percentage yields (APY) are accurate as of Monday, August 02, 2021. Fees may reduce earnings. Minimum opening deposit is $500; minimum balance to earn APY is $.01. Penalties for early withdrawal may apply. Premium CD eligibility requires maintaining a personal checking, money market or savings account.

Fraud protection for your accounts

Kennebunk Savings monitors customers’ accounts to protect you from fraudulent activity. Our Fraud Services will:

  • Monitor debit card activity round-the-clock, 24/7
  • Stop debit card transaction if suspicious & potentially place a temporary hold on further debit card transactions (until we hear from you)
  • Bank from anywhere with mobile banking and mobile deposits
  • Text you to verify the authenticity of suspicious card transactions, allowing you to respond right away.
  • If we do not receive a text reply within 15 minutes, we’ll follow up with a phone call

Explore more business solutions

We offer additional solutions that keep up with the complexities of a growing business without sacrificing security. Your Kennebunk Savings team can help you understand which ones are the right fit for your strategy.

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Take the next step with us

Contact Us
Contact Us
Call Us: 1-800-339-6573
Call Us: 1-800-339-6573
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