Business Savings, CD's and more...
It’s simple. As a local, independent business bank our job is to help your business thrive. That’s why MBank Business Essentials savings accounts grow with you as you grow. If you’re just starting out, you can open a savings account with as little as $100 and earn varying rates of interest that increase as your account assets grow. Managing it is equally easy. Free Online Banking allows you to move money into and out of your savings account with ease — from work, home, anywhere.
As your business grows, perhaps a CD may be your next step. With a minimum balance of just $500, it pays you a fixed rate of interest with one-time rate increases on CDs of one year or longer, and all your funds are fully insured. Plus, in the event of a medical emergency, you can make withdrawals without penalty.
When you’ve got more money to work with (like balances over $250,000 — the standard FDIC insurance maximum), you can take advantage of the Certificate of Deposit Account Registry Service and benefit from higher rates that generate CD-Level returns. Of course, not every business is ready for this yet, but rest assured, we’re here to help you grow into it.
Find the savings account that makes sense for your business
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