FDIC-Insured – Backed by the full faith and credit of the U.S. Government
Compare Accounts
Business Statement Savings Account |
Business Money Market Account |
Business Premier Money Market Account |
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|---|---|---|---|
Minimum Opening Deposit |
$100 |
$2,500 |
$1,000 |
Minimum Balance |
$100 |
$2,500 |
$10,000 |
Minimum Balance to Obtain APY |
N/A |
$2,500 |
$10,000 |
Interest Compounding and Crediting Frequency |
Daily/Quarterly |
Daily/Monthly |
Daily/Monthly |
Maintenance Fee |
$5.00 if balance falls below $100 any day of the statement cycle |
$15.00 if balance falls below $2,500 any day of the statement cycle |
$25.00 if balance falls below $10,000 any day of the statement cycle |
Transaction Limits* Fees may apply. Learn more below. |
Six*** |
Six** |
Six** |
Statements / Combined Statements |
Free paper or online statements with check images |
Free paper or online statements with check images |
Free paper or online statements with check images |
Free Online Banking |
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Free Mobile Banking and Mobile Deposit |
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Free Bill Payment |
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Transactions include deposits, checks paid, ACH Debits and Credits, ATM and POS Debits and Credits. |
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AnchorBusiness Statement Savings Account
Our Business Savings Accounts earn a competitive rate of interest on your balances with a low minimum balance requirement.
Keep your money safe. An FDIC-insured account is an ideal place to safeguard and earn interest while enjoying easy access to your funds and maintaining the liquidity you need.
Account Details
Minimum opening deposit: $100.00
Minimum balance: $100.00
Interest will be compounded every day. Interest will be credited to your account quarterly.
Combined Statements: Free
Check-imaging: Free
Online Banking: Free
Mobile Banking and Mobile Deposit: Free
Business Credit Card: Subject to credit approval
Minimum balance to avoid imposition of fees
A maintenance fee of $5.00 will be imposed every statement cycle if the balance in the account falls below $100.00 any day of the cycle.
Excess Service Fee
A maintenance fee of $.50 will be charged for each transaction in excess of six per monthly statement cycle.
*Transfers from a Statement Savings Account to another account or to third parties by preauthorized, automatic, telephone, computer transfer or similar order to third parties are limited to six per monthly statement cycle.
AnchorBusiness Money Market Account
Exactly what you need—a simple and flexible business account.
Are you interested in earning competitive interest rates on short-term funds without tying up your money? If so, our Business Money Market Account is perfect for your business needs.
Account Details
Minimum opening deposit: $2,500.00
You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield
Interest will be compounded daily and credited monthly
Combined Statements: Free
Check-imaging: Free
Online Banking: Free
Mobile Banking and Mobile Deposit: Free
Business Credit Card: Subject to credit approval
Minimum balance to avoid imposition of fees
A maintenance fee of $15.00 will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the cycle.
Excess Service Fee
A maintenance fee of $5.00 will be charged for each transaction in excess of six per monthly statement cycle.
*Transactions include deposits, checks paid, ACH debits and credits, ATM and POS debits and credits. Transfers from a Money Market Account to another account or to third parties by preauthorized, automatic, telephone, computer transfer or by check, draft or similar order to third parties are limited to six per monthly statement cycle.
AnchorBusiness Premier Money Market Account
Account Details
Minimum opening deposit: $1,000.00
You must maintain a minimum balance of $10,000.00 in the account each day to obtain the disclosed annual percentage yield
Interest will be compounded daily and credited monthly
Combined Statements: Free
Check-imaging: Free
Online Banking: Free
Mobile Banking and Mobile Deposit: Free
Business Credit Card: Subject to credit approval
Minimum balance to avoid imposition of fees
A maintenance fee of $25.00 will be imposed every statement cycle if the balance in the account falls below $10,000.00 any day of the cycle.
Excess Service Fee
A maintenance fee of $8.00 will be charged for each check and each transaction in excess of six per monthly statement cycle.
*Transactions include deposits, checks paid, ACH debits and credits, ATM and POS debits and credits. Transfers from a Money Market Account to another account or to third parties by preauthorized, automatic, telephone, computer transfer or by check, draft or similar order to third parties are limited to six per monthly statement cycle.