Ideal for your short-term or long-term goals, the Business Savings account is easy to open and has great benefits. Interest is calculated on the average daily collected balance and is compounded and posted monthly, which allows you to earn more money. Let us help you meet your savings goals.
- No minimum opening deposit
- Three free withdrawals or transfers per month
- No monthly service charge if your minimum balance is $50 or more
- Pay yourself first by setting up automatic transfers (weekly, monthly, or whenever you like) from your CB&S Bank checking account to your CB&S Bank savings account.
Simplified Employee Pension (SEP) accounts are available to qualifying business customers. SEP plans provide employers with a simplified method to make contributions toward their employees’ retirement and, if self-employed, their own retirement. Contributions are made directly to an Individual Retirement Account (IRA) set up for each employee (SEP-IRA).
To find out more information on how we can help you reach your business savings goals, visit one of our convenient locations or call us at 877-332-1710.