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Business Banking

Business Banking

Statement Savings

Statement Savings accounts are a great way to segregate your business's operating money from other funds used by your business.

Get started with as little as $100. Below are some of the features of business statement savings accounts:

  • Interest-bearing
  • FDIC Insured
  • Quarterly statement
  • Monthly statement if combined with checking account

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Saving for expansion, repairs, or other unforeseen expenses means setting aside money on a consistent basis, so remember to set up free transfers from your checking.

Statement Savings accounts have a $2.50 monthly service charge if the daily balance drops below $200.

Additionally, customers get two debit transactions per statement cycle - $2 fee per debit in excess of two.

As your business grows you may want to take advantage of additional ways to save like our business money market account and certificates of deposit.

Come into a branch and talk to us today about how we can help your business.

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Union First Market Bank
P.O. Box 940
Ruther Glen, VA 22546

FDIC Equal Housing Lender