BUSINESS SAVINGS OVERVIEW
Smart Savings.
Local Support.
Running a business takes planning, foresight, and the right financial tools. Whether you’re setting aside funds for taxes, building a buffer for payroll, or planning future investments, our business savings accounts help your money work as hard as you do—while keeping it accessible when you need it.
Savings Solutions for Every Stage of Business
The right savings strategy can help your business thrive. From flexible savings accounts to competitive money markets and guaranteed-growth CDs, we offer a full range of options designed to support your goals—short-term and long-term.
Not sure which option fits best? Our local business banking experts are ready to help you choose the right solution with personalized guidance and responsive service.
Savings Accounts
From straightforward savings to high-yield options, our accounts are designed to support your goals while giving you the flexibility your business needs.
Earn interest with as little as $100 to start
Access premium savings tiers with competitive, market-leading rates
Set up automatic transfers to build your savings effortlessly
No monthly fees when linked to your First Fed business checking account
Seamlessly upgrade as your business and savings needs grow
Get support from a local banker who knows your account—not call centers
Money Markets
Enjoy the benefit of earning higher interest on your savings while still providing easy access to funds. Your returns grow with your balance - a smart choice for long-term savings.
Tiered interest rates that increase automatically as your balance grows
Check-writing access for easy vendor and business payments
Free ATM access at over 37,000 locations nationwide
No monthly fees, so your full balance keeps working for you
Choose from two account types based on your typical balance
Direct access to your local business banker for same-day support
Certificates of Deposit (CDs)
Guaranteed returns with fixed interest rates, when you don't need immediate access to your savings. Choose a term that works with your business plans, whether short- or long-term.
Flexible term options from just a few months up to 5 years
Fixed interest rates that are guaranteed for the full term
Access to special promotional rates offered throughout the year
Open an account with as little as $100
Automatic renewal options to keep your savings on track without the hassle
The Community Banking Difference
At First Fed, community banking is more than a concept—it’s the heart of everything we do. We believe in building real relationships with our customers, not just accounts. That’s why when you reach out for support, you’ll speak directly with a local banker who understands the unique needs of your business and is invested in your success.
“At First Fed, it’s been amazing to work
with people who care and show an interest in our business. The
personalized experience makes a huge difference, especially with more
complex transactions, like international wire transfers.”
- Todd Glass, Co-Owner of Story in a Bottle Wines
“We’ve been banking with them since before we opened our business.
We love that they are a community bank that really cares about their
customers.”
- Caleb Messinger, Co-Owner of Southern Nibble
Ready to Get Started?
Open an account online or connect with one of our local business bankers. We’re ready to help you make the most of your business savings.