Business Statement Savings

An EBSB Business Statement Savings account is perfect for businesses that want to earn interest without having to maintain a high minimum balance. With just $50 to open the account you can earn interest for balances of $25 and over.

A Business Statement Saving account is a limited transaction account. This account is limited to six pre-authorized, automatic, telephone or online banking transfers to another account or to third parties per statement cycle. A $15 fee will apply for each transfer in excess of the six during a statement cycle.

Business Statement Savings

Rates as of July 20, 2017
Minimum to open $50

Balances From To Interest Rate* Annual Percentage Yield
$0 $24.99 0.00% 0.00%
$25 over 0.10% 0.10%

* Rates are subject to change without notice; fees and withdrawals could reduce earnings on accounts. Fees are subject to change. This is a variable interest rate accounts and the interest rate may change at any time. The minimum balance tiers to earn the APY stated above reflect the full tier balance ranges for each appropriate tier.

Learn More

Call 1-800-657-3272 or visit your nearest branch to review the account best suited for your business needs.