With Small Businesses, Every Dollar Counts.
Business Savings Accounts
If you have a savings account to help your personal funds grow, doesn’t it make sense to have a savings account for your business, too?
Our savings accounts enable you to safely build your business cash reserves while still giving you the access you need for expenses or emergencies. They also feature competitive interest rates.
Business Statement Savings*
With this account, your interest will be compounded and credited monthly. You’ll also receive easy-to-understand monthly statements to make it simpler to keep track of your earnings. The minimum opening deposit is only $50, and you can avoid the $5 monthly service charge when you maintain a $1,000 average daily balance.
Business Money Market Account*
Want to earn interest and maintain some access to your funds? This account is ideal for your small business. Interest is tiered, which means the more you have in your account, the more you’ll earn. Although there’s a limit regarding check and electronic transactions, you’ll still have unlimited access to your funds from a Northwest Bank office or at an ATM.
Free Perks With Northwest Savings Accounts
With our business savings accounts, you get anytime access through:
- Online Banking**
- Free Mobile Banking with Mobile Deposit**
- Mobile Pay*** for Apple™, Samsung™, and Android™
- Automatic Deposit ATMs
- Direct Deposit
- Bankline (24/7 automated telephone banking)
- Night Deposit
*You may make six (6) transfers from your account each four (4) week or similar period by preauthorized or automatic transfer, telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions) made by you and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or an ATM are unlimited.
**Fees apply for additional services. **Mobile data and text charges may apply. *** Apple, the Apple logo, iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Android is a trademark of Google Inc. See bank for details.
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