Save for what’s next in your business
Build reserves, prepare for expenses, and earn interest on your business savings with FVSBank. Whether you are setting money aside for taxes, equipment, emergencies, or future growth, our Business Savings account helps keep your funds organized and accessible.
Best for:
Small businesses, startups, nonprofits, freelancers, entrepreneurs, corporations, or anyone who wants to create a nest egg.
Account Features
- competitive interest rate
- $1,000 minimum opening deposit
- $10 monthly service fee, waived with
- $1,000 average daily balance
- $5 paper statement fee, waived with
- enrollment in Digital Statements
Why open a business savings account?
Prepare for unexpected expenses
Set aside funds for repairs, seasonal slowdowns, or surprise business costs.
Save for future plans
Build savings for equipment, expansion, inventory, or other upcoming purchases.
Keep tax money separate
Create a dedicated place to hold tax funds while earning interest. Talk with your accountant about how much to set aside.
Digital tools that support your business
Your business savings relationship can work alongside FVSBank business banking tools, including:
What is a business savings account used for?
A business savings account helps you separate money for taxes, emergencies, future purchases, expansion, or other business needs.
How much do I need to open an FVSBank Business Savings Account
The minimum deposit to open is $1,000.
Is there a monthly service fee?
Yes. The account has a $10 monthly service, which can be waived by maintaining a $1.000 average daily balance.
Is this account good for tax savings?
Yes, Many businesses use a savings account to keep tax funds separate. Talk with your accountant about how much your business should set aside.
Bill Pay1 for qualified FVSBank customers is $10 a month.
Remote Deposit Capture2 for qualified FVSBank customers has a $50 monthly fee and $30 implementation fee.
ACH Manager3 for qualified FVSBank customers has a $25 monthly fee and $30 implementation fee.
Positive Pay4 for qualified FVSBank customers has a $35 check monthly fee, a $35 ACH monthly fee or a combined fee of $30 a month, with a $30 implementation fee.