Basic Business Savings
Salal Basic Business Savings account: optimize your finances by earning interest on your cash reserves.
Whether you’re planning for future growth, building an emergency fund, or simply saving for unexpected expenses, our Basic Business Savings makes it simple and cost-effective to make your cash reserves work harder for you. Mobile and Online Banking make it easy to access and manage your account.
Up to
0.10
%
APY*
A great option if you want:
- Just a $25 minimum deposit to open.
- First 10 deposited items are free every month.
- No monthly service fee on average monthly balances above $500.
Table Scrolls Right.
| ACCOUNT | MINIMUM DAILY BALANCE REQUIREMENT | INTEREST RATE | APY |
|---|---|---|---|
| BUSINESS SAVINGS | $250.00 - $9,999.99 | 0.05% | 0.05% |
| $10,000.00 - $24,999.99 | 0.10% | 0.10% | |
| $25,000.00 - $49,999.99 | 0.10% | 0.10% | |
| $50,000.00 - $99,999.99 | 0.10% | 0.10% | |
| $100,000.00 - $249,999.99 | 0.10% | 0.10% | |
| $250,000.00 + | 0.10% | 0.10% |
APY = Annual Percentage Yield. $25.00 minimum opening balance. Fees could reduce earnings on the account.
Questions?
We’re here to help.
Let us know the best way to contact you and a Salal Business Banking Specialist will get back to you.
