Business Savings
Put Your Business Cash to Work
Idle cash in your business checking earns almost nothing. Federal Crown Bank business savings and money market accounts offer competitive APYs on balances your business isn't using right now — with instant transfers back to checking when you need it.
Top Money Market APY
Minimum opening deposit
Up to $250K per depositor
Transfers to business checking
Choose Your Account
Business Savings vs. Business Money Market
Both accounts earn competitive APYs and offer FDIC protection. The money market account provides additional flexibility with check-writing access and higher rates for larger balances.
- Tiered APY — earn more as your balance grows
- Up to 6 withdrawals or transfers per statement cycle
- Instant transfers to linked Business Checking
- Balance counts toward Preferred Rewards for Business tier
- FDIC insured up to $250,000
- $8/month fee (waivable with $2,500 average daily balance)
- Competitive tiered APY with higher rates on larger balances
- Check-writing access (up to 6 checks/cycle)
- Up to 6 withdrawals or transfers per statement cycle
- Integrated with Business Insights for cash flow visibility
- FDIC insured up to $250,000
- $15/month fee (waivable with $10,000 average daily balance)
Account Features
What Makes Business Savings Better Here
Earn higher interest rates as your business balance grows. Preferred Rewards for Business members receive additional rate boosts on top of standard tiered rates — rewarding your full banking relationship.
The Business Advantage Money Market account allows you to write checks directly against the account — up to 6 per statement cycle. Ideal for paying quarterly taxes, supplier invoices, or other predictable large expenses.
Federal Regulation D limits savings and money market accounts to 6 outgoing transfers per statement cycle. Federal Crown Bank enforces this limit — plan your cash movements accordingly to avoid excess withdrawal fees.
Transfer money from your savings or money market account to your linked business checking account instantly through Online Banking or the mobile app — no waiting, no ACH delays, no transfer fees between linked Federal Crown Bank accounts.
Your savings and money market accounts are visible alongside your business checking in the Business Insights dashboard — giving you a complete view of your total liquidity, reserves, and cash position at a glance.
Both accounts are FDIC insured up to $250,000 per depositor per ownership category at Federal Crown Bank, N.A. For businesses with larger cash reserves, we can discuss strategies to maximize FDIC coverage across multiple accounts or institutions.
Rate Table
Current Business Savings & Money Market Rates
Tiered rates effective April 2026. Preferred Rewards for Business members earn higher rates. APY = Annual Percentage Yield. Subject to change.
| Account Type | Balance Tier | Standard APY | Preferred Rewards for Business APY |
|---|---|---|---|
| Business Advantage Savings | $0–$9,999 | 2.80% | 3.20% |
| $10,000–$99,999 | 3.80% | 4.20% | |
| $100,000+ | 4.00% | 4.40% | |
| Business Advantage Money Market | $0–$24,999 | 3.20% | 3.60% |
| $25,000–$99,999 | 4.00% | 4.45% | |
| $100,000+ | 4.50% | 4.85% |
APYs shown are accurate as of April 11, 2026 and subject to change without notice. APY assumes interest remains in the account for one full year. Fees may reduce earnings. Preferred Rewards for Business rate requires enrollment and qualifying relationship balance.
Strategy Guide
Smart Cash Management for Your Business
Not all business cash should sit in checking. Here's how to optimize your business liquidity across accounts based on how soon you'll need the funds.
Keep 1–2 months of operating expenses in your Business Checking account. This covers payroll, vendor payments, rent, and utilities without any transfer delays. Target: enough to cover your largest weekly outflow × 4–8.
Maintain 1–3 months of additional operating expenses in Business Advantage Savings. This buffer handles unexpected expenses, late client payments, or seasonal revenue dips — with instant transfer to checking when needed.
Use Business Advantage Money Market for your quarterly tax reserve (set aside 25–30% of net profit), equipment fund, or expansion capital. Higher APY rewards balances you won't need immediately but want liquid and safe.
Financial advisors typically recommend businesses maintain 3–6 months of operating expenses in readily accessible savings. For a business with $50,000/month in expenses, that's $150,000–$300,000 in liquid reserves. A combination of Business Savings (for up to $100K) and Money Market (for larger balances at higher APY) is often optimal for businesses at this scale.
Savings Goal Examples
Common Business Savings Goals & Strategies
Separate savings account earmarked exclusively for estimated quarterly tax payments. Automatically sweep 25–30% of gross profit into this account each month. Pay the IRS directly from here when Q1/Q2/Q3/Q4 payments are due — eliminating the scramble to cover tax bills.
Most business equipment has a predictable lifespan (5–10 years). If your $50,000 equipment needs replacing in 5 years, save $833/month now. Keep it in a money market account at 4.5%+ APY. When replacement day comes, pay cash and avoid financing costs entirely.
Keep one to two payroll cycles in a dedicated Business Savings account as a payroll buffer — separate from operating cash. If a major client pays late or an unexpected expense hits, your employees still get paid on time. Peace of mind that earns interest while it waits.
FAQ
Business Savings FAQs
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What are the withdrawal limits on business savings accounts?Federal regulations (Reg D, although modified in 2020, is still commonly enforced by many banks) allow up to 6 outgoing transfers or withdrawals per statement cycle on savings and money market accounts. Federal Crown Bank enforces a limit of 6 per cycle. Transfers to your linked Business Checking account count toward this limit. Withdrawals made in-person at a branch or via ATM may not count toward the limit — but always confirm. Excess withdrawal fees apply if you exceed the limit.
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How do I open a business savings account as an LLC or corporation?To open a business savings account as an LLC or corporation, you'll need: your Employer Identification Number (EIN), business formation documents (Articles of Incorporation or LLC Operating Agreement), a government-issued photo ID for all signers, and a business license or DBA filing if applicable. Sole proprietors can use either an EIN or SSN. You can apply in-branch — online opening is available for sole proprietors but corporations and multi-member LLCs typically require an in-branch visit to verify all authorized signers.
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Can I write checks on a business savings account?No — Business Advantage Savings accounts do not include check-writing access. If you need the ability to write checks from a higher-yield account, the Business Advantage Money Market account includes check-writing for up to 6 checks per statement cycle. Checks written from a money market account count toward the 6-withdrawal monthly limit.
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How does FDIC insurance work for business accounts?FDIC insurance covers business deposit accounts up to $250,000 per depositor per ownership category at each FDIC-member institution. A business (LLC, corporation, partnership) is considered a separate depositor from its individual owners — meaning a business account at Federal Crown Bank can be insured separately from the owner's personal accounts at the same bank. Businesses with more than $250,000 in deposits should discuss coverage strategies with a banker — including the FDIC's CDARS program for larger balances.
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Can I have multiple business savings accounts?Yes — there is no limit on the number of business savings or money market accounts you can open. Many businesses use multiple accounts as a "bucket" system: one for taxes, one for payroll reserve, one for equipment fund, one for expansion capital. Each account can be labeled and tracked separately in Online Banking. Note that each account is subject to its own monthly fee and fee waiver conditions — factor this into your account structure decision.
Start Earning More on Your Business Cash
Open a Business Advantage Savings or Money Market account online or in-branch. It takes about 15 minutes and your cash starts earning immediately.