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Business
SavingsMake The Most Of The Money You Make
Once your business starts making money, you have to decide what you’re going to do with it. Putting it back to work for you is a good place to start. Choose our Business Savings Account for a no-frills, no-fees way to save or get a better return with our Business Money Market and Certificate Accounts. Plus, we make managing your money easy: access your accounts 24/7 from almost any device with Grow Online and Mobile Banking, including in-app wire transfers and mobile check deposit.1,2
Business Savings Account
With just a $1 initial deposit and minimum balance, your Business Savings Account opens the door to membership with Grow. We designed this account to be a simple, cost-effective way to get started with banking for your business — with no hidden costs and no monthly maintenance fees.
Money Market Accounts
If you have a large sum of cash available and want to earn dividends, a Business Money Market Account is a great option. You’ll earn higher dividends on higher balances and still be able to get your hands on your cash when you need it. No minimum balance to open or earn dividends. Find our current rates.
Certificate Accounts
Have cash that’s just sitting around and don’t need it for a while? You’ll earn our best rates with a Business Certificate Account.3 Choose the term from six months to five years, with longer terms earning higher dividends. Open an account with just $500. Check out our rates.
Club Accounts
Want to use different savings accounts for different savings goals? With a minimum starting deposit of just $5, Club Accounts earn a higher dividend and APY compared to our Basic Savings. Rename your account to match your savings goal, and there’s no limit to how many you can open. Marketing Campaign Fund. Maintenance Budget. Travel Goals. You name it, you save it. Learn more about our rates.
Money Market Accounts Certificate Accounts Club Accounts Minimum balance No $500 $5 Monthly service fee No No No Quick access to your cash Yes No Yes Best for Keeping larger sums liquid and accessible while still earning better rates and dividends Earning our top rates on money you that don't need quick access to, with better rates for longer terms Organizing your savings toward custom goals while earning dividends Open a Business Savings Account
When you’re ready to open an account, reach out to our Business Solutions team or stop by a Grow store near you.
Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: when you open an account we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
Grow Savings Accounts are subject to ChexSystems® approval.
1Additional data charges may apply. Please see your wireless carrier for more information.
2Fees may apply for wire transfers.
3A penalty will be imposed for early withdrawal.
