Our Business Savings Account is a reliable and flexible savings solution, designed to support your business's financial growth.
This account offers a convenient way to set aside funds, earn interest, and manage your savings efficiently, providing you with peace of mind and the freedom to focus on your business.
With the Business Savings Account, maintaining a balance above $50.00 ensures no monthly service fees, making it an attractive and cost-effective option for businesses looking to save without incurring unnecessary costs. For balances between $0 and $49.99, a nominal $5.00 quarterly fee applies, encouraging you to keep your savings above the minimum threshold. The account also provides the flexibility of three withdrawals per quarter, with a small fee of $3.00 for each additional withdrawal, helping you easily manage your cash flow.
Experience the convenience of modern banking with our comprehensive suite of online and mobile banking services. Whether at the office or on the go, you can easily manage your account with mobile deposit capture, X-Press Banking, and 24-hour access to your funds through our night deposit and wire transfer services. Our e-statements, bill pay, and P2P payment options further simplify your financial management, saving you time and effort. ACH origination and remote deposit capture ensure smooth and efficient business operations.
Although the Business Savings Account does not offer debit cards, its robust features and low-cost structure make it an ideal choice for businesses seeking a secure and efficient way to grow their savings. You can trust Bank of Vernon to keep your savings safe. Open a Bank of Vernon Business Savings Account today and take the first step towards securing a financially sound future for your business.
Bank of Vernon is a full-service Community Development Financial Institution with locations in Mississippi and Alabama.