Business Savings
A savings account is an easy and safe way for businesses to set aside funds for a future project or need. You can keep your resources liquid, while also earning interest on your balance. The account may also be tied to your checking account to protect you from the occasional accidental overdraft fee.
Open a Business Savings Account
ABC Business Savings$100 Minimum Opening Deposit |
|
|---|---|
| Account description & benefits | Easy access to money - can be tied to your checking for overdraft protection |
| Interest Bearing - Minimum daily balance required to obtain the annual percentage yield | Yes - Min. Balance of $50 |
| Service charges | Daily Balance during statement cycle determines service charge:
A withdrawal fee of $2 will be charged for each withdrawal in excess of thirty (30) during each quarterly monitoring period. |
| Eligibility | Business |
| Transaction limitation | Unlimited |
| Debit Card - Additional fees may apply, a full fee schedule is available at any branch | No |
business Savings Made Simple
In addition to offering liquidity and protection, a business savings account provides financial flexibility. With easy access to your funds, you can respond quickly to unexpected expenses or opportunities without interrupting your cash flow. Plus, maintaining a healthy balance in your savings account can help demonstrate financial responsibility to potential investors or partners, supporting your business’s growth and long-term success.
Have questions about an account or need help choosing one? Head to your nearest Texas ABC Branch in Austin, Dallas, Plano, Lubbock, Wolfforth, or one of our Colorado branches in Pueblo and Colorado Springs. You can also call us at 1-888-902-2552