Savings Accounts For Your Business
Prevail Bank offers business savings accounts and business money market accounts.
Your saving strategy should allow you to save the way that works best for your business. Visit your nearest Prevail Bank location or give us a call to speak with a Prevail Bank representative about which account will be the best fit for your business.
Compare our Business Savings Accounts
| Account Name | Service Fee | Minimum to Open | Minimum Balance Required to Avoid Service Fee* | Earns Interest | Paper Statement |
|---|---|---|---|---|---|
Business Savings - Basic Business Savings | None | $100 | None | Yes | Free |
Business Premium Money Market - Higher Interest Rates on Higher Balances | $5 if balance falls below $10,000 | $100 | $10,000 | Yes | Free |
*Fees could reduce earnings on the account.
Business Insured Cash Sweeps
We have a great tool for businesses making larger deposits. This account “sweeps” funds that exceed the FDIC insurance limit of $250,000 into interest-bearing checking or Money Market accounts at other banks. You receive one statement from Prevail Bank with a separate summary statement showing the bank name, how much and totals of funds with each bank.
Learn more about our CDARs and ICS services by visiting the Intrafi Network website, by contacting a Prevail Business Banker, or by watching our video below.
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