business savings accounts

Designed to help you make the most of your dollars, our business savings accounts are perfect for your savings goals.

EagleFlex savings

• Earns competitive interest
• Easy access to funds
• No monthly service charge with a minimum daily balance of $100 or combined account statements, otherwise an $8.00 quarterly service charge applies

Money market account

• Tiered interest rate, based on account balance
• Unlimited in-person deposits or withdrawals
• Limited check writing privileges
• No monthly service charge with a minimum daily balance of $1,000, otherwise a $10.00 monthly service charge applies

EagleAdvantage money market

• Tiered interest rate, based on account balance
• Unlimited in-person deposits and withdrawals
• Limited check writing privileges
• No monthly service charge with a minimum daily balance of $10,000, otherwise a $15.00 monthly service charge applies

Business certificates of deposit

• Lock into a guaranteed rate of interest
• Option to choose maturity date
• Low minimum deposit to open account

Health savings account
A Health savings account (HSA) is a special account owned by an individual in which the funds are used to pay for current and future health care costs on a tax-free basis. The HSA is used in combination with a high deductible health insurance plan (HDHP). Many employers are offering HSAs as a way to lower overall healthcare expenses.

• Debit card allows for convenient access to funds
• Minimize health insurance expenses by switching to a HDHP
• All contributions to the HSA are pre-tax, lowering the gross payroll and reducing the amount of taxes the employer must pay
• Provide employees with more flexibility in how they pay for health-related expenses

CDARS® (Certificate of Deposit Account Registry Service)

• Access to FDIC insurance for multi-million-dollar deposits
• Lock in rate of interest
• Terms range from four weeks to five years
   

Note: Please refer to our schedule of service(s) and fees for complete information. Some restrictions apply. Includes transfers made online with other Independent Bank accounts. Consult your tax advisor for details.