Business Savings Account
Do you have business funds you don't currently need to meet your daily cash flow? Why not deposit that money in a Centennial Bank savings account, where it will remain liquid for any planned or unplanned business needs.
► No minimum to open
► $100 minimum daily balance (if balance falls falls below $100 on any day during the month a $3 service charge will apply)
► Earns Interest
► Federal regulation limits this account to six withdrawals or transfers per month; in-person withdrawals are unlimited. A $5 customer debit charge may be assessed on any electronic or telephone transfers, or on checks, automatic or pre-authorized transfers to a third party, exceeding six per month.1
► No overdraft privilege available
Restrictions and limitations apply to opening deposits and funding methods. Online account opening applies to deposit accounts. Subject to credit approval. Must be 18 years of age. Must be a legal resident of the United States. Must have working device that meets required specifications. Not all products are available for all locations. Not all products are available through online account opening.
See funding methods and limitations directly below for online Business Savings Account opening:
- Opening deposit between: $100 and $250
- Available funding methods include: Check or Wire
- "Additional Offers" accepted during the online application process will be funded with a single transaction and subject to funding method maximum limits based on the combined minimum funding balance of all selected products.
1Exceeding withdrawal limitations may result in account closure, change of account type, termination of transfer capability, or other remedial action.