Alliance Bank understands the importance of having straightforward checking and savings accounts available as basic tools to help manage your growing business. That's why we offer several alternatives to match your company's needs.
Each of these hard working accounts provide you with a detailed monthly statement to help monitor and manage your company's cash flow. Your banker will be happy to work with you to determine which of these options is appropriate for the way you do business.
A basic, low minimum balance savings option for companies whose savings balances are relatively low.
Business Savings is our most basic savings account, allowing your company to earn a competitive rate of interest. Maintain a low $200 balance and your company will pay no monthly maintenance fee. A minimum opening deposit of $50 is required.
Designed for companies whose savings needs are relatively high.
Business Money Market Savings offers an increased rate of interest on monthly savings balances. Maintain a low $1,000 balance and your company will pay no monthly maintenance fee. A minimum opening deposit of $1,000 is required.
Our highest level savings option, designed for companies who wish to maximize the rate of return on their savings balances.
Business High-Yield Savings rewards high-balance savers with a premium rate of interest. By maintaining a $15,000 balance, your company earns Alliance Bank's highest business savings rate. A minimum opening deposit of $15,000 is required.
Alliance Bank offers the security and convenience of Certificates of Deposit (CD) with maturities ranging from 3 to 60 months. All CDs carry a low $500* minimum opening deposit and pay highly competitive rates of interest. We also offer a Negotiable Certificate with a $100,000 minimum opening deposit paying simple interest with maturities up to one year.