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Business Savings

At North Star Bank, we are aware that different businesses require different things. We offer excellent savings options to fit your specific financial needs.  

 

Compare Our Business Savings Accounts

Account Type Regular Business SavingsBusiness Money Market Savings Business Five Star Money Market Savings 

 Service Fee

 $3.00 if daily balance falls below $100.00 any day of the month.

$10.00 if daily balance falls below $1,000.00 any day of the month. 

$15.00 if daily balance falls below $5,000.00 any day of the month. 

 Interest

Variable*

Variable** 

Variable***

*Interest Compounded quarterly on your average collected balance
**Interest Compounded quarterly with rate tiers at $2,500.00 and $25,000.00 balances
***Interest Compounded monthly on your collected balance and tiered at $5,000.00 and $25,000.00 balances

Regular Business Savings

Business Regular Savings is an interest earning savings account with total liquidity.

  • Interest compounded quarterly on your average collected balance
  • Automatic transfers and telephone transfers are available
  • Clear and concise statements
  • If the daily balance falls below $100.00 any day of the month; there is a $3.00 monthly charge for maintenance.
  • eSTAR Corp Online Banking Service is available
  • Unlimited transactions by mail or in person
  • teleSTAR 24 Hour Phone Banking

Business Money Market

With our Business Money Market Savings you can earn higher interest rates related to your higher balance levels.

  • Interest compounded quarterly on your collected balance with rate tiers at $2,500.00 and $25,000.00 balances
  • Clear and concise statements
  • A $10.00 service fee may be imposed if the daily balance falls below $1,000.00 any day during the month
  • eSTAR Corp Online Banking Service is available
  • Unlimited transactions by mail or in person
  • teleSTAR 24 Hour Phone Banking

Business Five Star Money Market Savings

A business savings account with our highest earning potential. You can enjoy monthly compounding with tiered interest rates.

  • Variable interest rates; interest accrued daily on collected balance and compounded monthly; rates tiered at $5,000.00 and $25,000.00 balances
  • A $15.00 service fee may be imposed if the daily balance falls below $5,000.00 any day during the month.
  • Unlimited transactions by mail or in person
  • teleSTAR 24 Hour Phone Banking available
  • eSTAR Corp Online Banking Service is available
  • $5,000.00 minimum opening deposit required

Fees could reduce earnings.

Certificates of Deposit (Business)

Certificates of Deposit are an ideal investment for those interested in longer-range investment goals. You can earn higher market rates guaranteed for the life of your certificate.

  • Opening Balance: $500 to open an account
  • Interest: See current rates 
  • Features: Wide range of terms available
    A penalty may be imposed for early withdrawal
 

Ready to get started?

Contact Us Visit a Branch

 

 

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