Business Products
Business Savings
Looking to achieve your business savings goals? Explore our solutions ranging from traditional savings accounts, money markets to CDs. Let's grow together!
Business Statement Savings
Grow your business with our Business Statement Savings Account! This account is designed to help your business achieve your financial goals with ease and efficiency.
Competitive Interest
$1 Minimum Balance
Online Banking*
*Third-party fees may apply
| Minimum Balance | Minimum Deposit to Open Account | Rate* | APY** |
|---|---|---|---|
| $1.00 | $1.00 | 0.70% | 0.70% |
$2 monthly fee when balance falls below $300 during the month. $2 per debit over 10 in a month. Rates effective as of September 30, 2024. New rates may apply for subsequent Dates. *The rate may change after the account is opened and fees may reduce earnings on the account. **Annual Percentage Yield (APY).
- Links to your CSB business checking account
- Simplify your finances with a combined statement
- Competitive interest on entire balance
- Complimentary debit card*
- Complimentary online banking services**
- Also included:
- Online check images
- Currency services
- Nightly depository
- $1 minimum deposit to open
*Debit cards are subject to credit approval.
**Third-Party fees may apply.
Simple Savings Calculator
No need to crunch all of those numbers on your own! Our handy, online calculators can help with your financial forecasting.
Interest Earned
*This calculator is for informational purposes only, and does not constitute an offer. Results are based on estimates provided by you, and are not guaranteed to be accurate.
Combined Business Statement Savings
Link this account to your CSB business checking to keep your savings clean and simple. Enjoy the convenience of one, combined statement.
Competitive Interest
Unlimited Withdrawals in Person*
Online Banking
| Minimum Balance | Minimum Deposit to Open Account | Rate* | APY** |
|---|---|---|---|
| $1.00 | $1.00 | 0.75% | 0.75% |
Monthly statement combined with checking account. Rates effective as of September 30, 2024. New rates may apply for subsequent dates. *The rate may change after the account is opened, and fees may reduce earnings on the account . **Annual Percentage Yield (APY).
- Links to your CSB business checking account
- Simplify your finances with a combined statement
- Competitive interest on entire balance
- Unlimited in-person withdrawals or transactions per month*
- Complimentary debit card**
- Complimentary online banking services***
- Also included:
- Online check images
- Currency services
- Nightly depository
- $1 minimum deposit to open
* Federal Regulation D limits the number of preauthorized, automatic, telephone, electronic (including ACH), online, debit card and other transfers and withdrawals not made in person or by ATM, to ten per statement cycle. $1 fee applies for any debit after 10.
**Debit cards are subject to credit approval.
***Third-Party fees may apply.
Simple Savings Calculator
No need to crunch all of those numbers on your own! Our handy, online calculators can help with your financial forecasting.
Interest Earned
*This calculator is for informational purposes only, and does not constitute an offer. Results are based on estimates provided by you, and are not guaranteed to be accurate.
Business Money Market Account
Unlock your business’s potential with a business money market account. Designed to deliver higher returns while providing the flexibility your business needs, this account is an ideal solution for savvy business owners looking to grow their funds without sacrificing access.
Competitive, Tiered Interest
10 Debits Per Month*
Online Banking
*$2 per debit over 10 in a month.
| Minimum Balance | Minimum Deposit to Open Account | Rate* | APY** |
|---|---|---|---|
| $1 – $2,499 | $1.00 | 0.50% | 0.50% |
| $2,500 and over | $2,500 | 0.75% | 0.75% |
$10 monthly fee when balance falls below $1,000 during the month. $2 per debit over 10 in a month. Monthly statement combined with checking account. Rates effective as of September 30, 2024. New rates may apply for subsequent dates. *The rate may change after the account is opened and fees may reduce earnings on the account. **Annual Percentage Yield (APY).
- Higher balances earn higher rates
- Enjoy flexibility with enhanced access to funds, including direct check writing
- Avoid $25 monthly service fee by maintaining a $25,000 minimum daily balance
- Combine your checking and savings account statements
- Complimentary online banking services*
- $1 minimum deposit to open
$10 monthly fee when the balance falls below $1,000 during the month. $2 per debit over 10 in a month. Monthly statement combined with checking account.
* Third-party fees may apply.
Simple Savings Calculator
No need to crunch all of those numbers on your own! Our handy, online calculators can help with your financial forecasting.
Interest Earned
*This calculator is for informational purposes only, and does not constitute an offer. Results are based on estimates provided by you, and are not guaranteed to be accurate.
Combined Money Market Savings
Maximize earnings on your higher business savings balance. Watch it grow with competitive, tiered rates.
Competitive, Tiered Interest
Unlimited Withdrawals in Person
Online Banking
| Minimum Balance | Minimum Deposit to Open Account | Rate* | APY** |
|---|---|---|---|
| $1 – $24,999 | $1.00 | 1.25% | 1.26% |
| $25,000 – $49,999 | $25,000 | 1.50% | 1.51% |
| $50,000 – $149,999 | $50,000 | 1.75% | 1.76% |
| $150,000 and over | $150,000 | 2.25% | 2.27% |
$10 monthly fee when balance falls below $1,000 during the month. $2 per debit over 10 in a month. Monthly , statement combined with checking account. Rates effective as of September 30, 2024. New rates may apply for subsequent dates. *The rate may change after the account is opened and fees may reduce earnings on the account. **Annual Percentage Yield (APY).
- Higher balances earn higher rates
- Enjoy flexibility with enhanced access to funds, including direct check writing:
- Unlimited in-person withdrawals*
- Avoid $25 monthly service fee by maintaining a $25,000 minimum daily balance
- Combine your checking and savings account statements
- Complimentary online banking services**
- $1 minimum deposit to open
* $10 monthly fee when the balance falls below $1,000 during the month. $2 per debit over 10 in a month. Monthly statement combined with checking account.
** Third-party fees may apply.
Simple Savings Calculator
No need to crunch all of those numbers on your own! Our handy, online calculators can help with your financial forecasting.
Interest Earned
*This calculator is for informational purposes only, and does not constitute an offer. Results are based on estimates provided by you, and are not guaranteed to be accurate.
Business Certificates of Deposit (CDs)
There isn’t much that’s certain in business. A CD is the exception. Enjoy peace of mind with guaranteed earnings for the term you choose.
Competitive Interest
Guaranteed Earnings
Wide Range of Terms
| Certificate Term | Minimum to Open | Early Withdraw Penalty# | Rate* | APY** |
|---|---|---|---|---|
| 182 Days^ | $500 | 3 Months Interest | 4.25% | 4.30% |
| 12 Months | $500 | 3 Months Interest | 4.0% | 4.06% |
| 18 Months | $500 | 6 Months Interest | 2.45% | 2.47% |
| 36 Months | $500 | 6 Months Interest | 2.25% | 2.27% |
| 60 Months | $500 | 1 Year Interest | 2.10% | 2.11% |
Rates effective as of September 30, 2024. New rates may apply for subsequent dates, the rate may change after the account is opened, and fees may reduce earnings on the account.^182 Day CDs pay interest or compound at maturity. **Annual Percentage Yield (APY). #A penalty may be imposed for early withdraw.
- Fixed rates, higher than standard savings
- Interest paid and compounded quarterly
- For 182-day term interest paid or compounded at maturity
- Interest can be paid to any CSB statement account
- Provides more guarantee than other risky investments
- Set aside for future savings goals
- A wide range of terms available (from 6 months to 5 years)
- No setup or maintenance fees
- Early withdrawals subject to penalty**
- $500 minimum deposit to open
- $500 minimum deposit to open 182-day CD
* Fees may reduce earnings on the account.
** Early withdrawals may result in penalties of 3 months interest to a year’s worth of interest, depending on term.