Business Savings

Saving money is fundamental to your business growth.

Arbor Bank offers a full suite of Business Savings Accounts, Money Market Accounts, CDs, and HSAs - all with the success of your business in mind.

Not sure which one is right for you? Simply give us a call, start an online chat, or stop in.

We’re happy to help guide you through your choices.

Savings Accounts
 

Business Savings

Money Market Account

Health Savings Account (HSA)1

Account Overview

A basic savings account is a great way to save for your future.

High yielding, no-fee account for larger balances

Tax free savings account for individuals with a High Deductible Health Plan

Minimum Balance to avoid service charge

$100

$2,500

$1,000

Extras

Nine free withdrawals are available each quarter

  • Check writing capabilities
  • Free debit card
  • Three free paper debit withdrawals each month
  • Check writing capabilities
  • Free debit card
  • Ten free paper debit withdrawals each month

Monthly Service Charge

$3 quarterly if balance drops below $100

$2 each withdrawal over nine

$10 monthly if balance drops below $2,500

$5 each paper debit over three

$3 monthly if balance drops below $1,000

$3 each paper debit over ten

1Eligibility Requirements

Certificates of Deposit

Guarantee a return on your investment with a CD.

Arbor Bank CDs offer you a safe and secure savings option.

  • Low minimum to open
  • Terms from 90 days to 60 months
  • Interest can be compounded to the CD, mailed quarterly by check, or deposited to your checking or savings account.

There may be a penalty for early withdrawal.

 

Health Savings Account (HSA)

One way you can help your employees offset the rising costs of healthcare is with an HSA from Arbor Bank. This is not a “use it or lose it” plan. Any unused portion can rollover at the end of the year.

An HSA may allow you or your employees to make tax-deductible contributions to pay for qualified medical expenses.

If you currently have or are considering a high deductible health plan (HDHP) or simply want the benefits of saving pre-tax dollars for qualified medical expenses, an HSA may be the right plan for your business.

Not sure which is the right plan?

Simply give us a call, start an online chat, or stop in.

We’re happy to help guide you through your choices.

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