A Savings Account Geared Toward Business Owners
Business owners have unique saving needs, so Mid America Bank offers a savings account built exclusively for our business owners. No matter the size of your business, our business savings account can serve you well. Benefits include:
- $25 minimum to open
- $25 minimum balance
- Interest compounded semi-annually
- Semi-annual statements
- Funds are FDIC-insured
Mid America Bank also offers business certificate of deposit (CD) accounts that allow you to earn more interest on your balance than our traditional business savings account. Benefits to our business CDs include:
- $1,000 minimum opening deposit
- Terms range from 3 months to 48 months
- Rate is determined by term
- Funds are FDIC-insured
- Early withdrawals are subject to penalty
Please visit your local Mid America Bank branch to speak with one of our associates about your business savings needs.
