Business Savings Accounts

If money is already being set aside, it should be doing something.

Earn interest on balances of $250 or more
Interest is calculated daily and compounded quarterly
FDIC insured up to standard limits
A limited number of withdrawals are included each quarter, with a small fee for additional activity

A steady way to build reserves without getting in the way of day-to-day operations.

A business savings account fits when:

A place for what’s not being used right now but still matters later.

If funds can stay put for a while, a CD gives them a way to do more.

At the end of the term, funds can be withdrawn or rolled into a new CD.

A straightforward way to plan for growth without uncertainty.

Equipment upgrades. Future expenses. Capital set aside between cycles. We see you planning ahead. A business CD is a good fit when:

It’s built for what’s ahead.

Frequently Asked Questions About Business Savings Accounts & CDs

Opening a business savings account depends on how the business is set up.
You may need:
- A tax identification number (TIN/EIN)
- Valid ID for authorized signers
- Business formation documents
Requirements vary based on the business type.
Once everything is in place, the process is straightforward.
Opening a business CD is straightforward:
1. Visit a Vision Bank branch or connect with a banker
2. Choose a term that fits your timeline
3. Make an opening deposit
From there, it runs its course; steady and predictable.
Because CDs are time-based, a few things come with it:
- Funds are held for the full term
- Early withdrawals may be subject to penalties
- Rates are set at the time of opening and remain fixed
Nothing complicated, just a clear structure from the start.

Not every dollar is meant to move right away. Some are meant to sit, build, and be ready. That’s what this is built for. Contact us to get started!

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