Business Savings
To meet our business customer’s savings needs, we offer a wide range of banking services, including a variety of deposit accounts. Whether you are a small business or a large commercial business, we have the Business Savings accounts that put you 1st. See Terms and Conditions Brochure for Additional Limitations.
1st Select Business Savings
- Interest earned on daily ledger balances and compounded quarterly
- Quarterly statement (monthly if Electronic Funds Transfer activity occurs)
- Monthly maintenance fee $3.00 (if minimum daily balance of $300.00 not met)
1st Elite Business Savings
- No maintenance fee
- Interest earned on daily ledger balances of $50,000.00 or more and compounded quarterly
- Tiered interest rates based on balance ranges beginning at $50,000.00
- Tiered structure. $50,000; $100,000; $250,000; $500,000+
- Quarterly statements (monthly if electronic transaction occur)
- See Terms and Conditions Brochure for Additional Limitations
Account Comparisons
| Account Name | Earns Interest | Min to Open | Min to Earn Interest | Online Banking | Statements |
|---|---|---|---|---|---|
| 1st Select Business Savings | Yes | $100.00 | $100.00 | Yes | Yes |
| 1st Elite Business Savings | Yes | $50,000.00 | $50,000.00 | Yes | Yes |
"1st Bank Yuma is local bank who believes in the mission of the Saguaro Foundation. They were there times were extremely tough for us. We appreciate their loyalty and dedication."
Jessica , Saguaro Foundation
