Create a savings cushion for your company
As a business owner, you know the value of planning. Set aside funds for specific business purchases and expenses, or simply build up reserves for the unexpected with Farmers State Bank business savings accounts. You have two options, based on how aggressively you want to save. Our Blue Button Bankers are here to answer any questions, too.
HI-FI Investment Account
Give your business savings a serious boost in this high-yield account. It's the perfect option if you regularly maintain a larger balance without making frequent withdrawals.
- Minimum opening balance of $2,500
- Tiered interest rate rises at each of the following balances: $10,000, $50,000 and $100,000
- Interest is compounded and credited monthly
- Manage your account through free access to Online Banking, Mobile Banking*, SMS Text Banking*, and Telephone Banking
- Minimum withdrawal is $500
- Limit of 6 transfers per statement cycle to other accounts or third parties with preauthorization
- $10 monthly fee applies if your balance falls below $2,500 or below the minimum average daily balance of $5,000
Note: Other conditions and fees may apply.
The interest rates and annual percentage yields may change at any time.
The interest rates and annual percentage yields may change at any time.
*Msg/Data rates may apply. Mobile Deposit subject to approval.
Statement Savings
Steadily build your savings at a competitive rate by getting started with a lower opening deposit.
- $50 opening deposit required
- Manage your account through free access to Online Banking, Mobile Banking*, SMS Text Banking*, and Telephone Banking
- Limit of 6 transfers per statement cycle to other accounts or third parties with preauthorization
- Must maintain a minimum average daily balance of $100 to obtain the disclosed annual percentage yield
- $2 monthly balance fee if balance falls below $200; fee waived for charitable organizations
Note: Other conditions and fees may apply.
The interest rates and annual percentage yields may change at any time.
The interest rates and annual percentage yields may change at any time.
*Msg/Data rates may apply. Mobile Deposit subject to approval.
Saving Time and Money
Works like a check only it’s faster, easier and more convenient.
Farmers State Bank debit cards give you quick and easy access to your funds when you need it.